Self Managed Super Funds (SMSFs) EXPLAINED

SMSFs or Self-Managed Super Funds are becoming a popular option Australians appear to be shifting towards. It's a way for Australians to have full control over their investment options for their retirement funds.

But what are the pros and cons of SMSFs? How can you acquire and benefit from it?

Let me break down everything you need to know about SMSFs.

CHAPTERS:
00:00 - Overview
01:08 - What are the Advantages of SMSFs
02:22 - What are the Disadvantages of SMSFs
05:49 - SMSF Investment Strategy Explained
06:32 - Withdrawing Money from the SMSFs
07:06 - Contributions and Rollovers
08:32 - How are SMSFs taxed?
09:55 - What to Report and Lodge?
10:38 - Final Thoughts


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Davie has over 10 years of experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients.

Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses.

He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales.

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DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of general information available to contractors and small businesses. This guide is not intended to be an exhaustive source of information and should not be seen to constitute legal or tax advice. You should, where necessary, seek your own advice for any legal or tax issues raised in your business affairs.