Running a self -Managed Super Fund accounts is surely not an easy job. It is certainly more difficult than managing retail and industrial fun. For that, there are some important things which your accountant should help you know to run this kind of accounting. Here, I have given some important responsibilities of your accountant.
• You need to carry out the role of a trustee or director, which imposes important legal duties on you for the effective management of the self managed super fund accountants.
• Keep comprehensive records and arrange an annual audit by arranging meeting with the SMSF auditor.
• Search for the best options available for the fund and finds the best one which is suitable according to your business needs.
• Gives you advice about the yearly amount your needs to spend for running this fund and gives their capital gains tax advice.
Moreover, there are many accountants also offers comprehensive range of professional accounting work one of them is Gotsis Accounting.
This post first appeared on Accountants Sydney Inner West | Sydney Accountants And Tax Agent | Capital Gains Tax Advice, please read the originial post: here