Superannuation in Australia

What are Superannuation Funds?

The primary usage of the superannuation fund is that it is a type of long-term savings account. The idea behind maintaining this fund is to ensure that there is a continuous flow of income after retirement.

This fund is managed for the benefit of its beneficiaries or members once they retire. The governing body that regulates this firm is the superannuation industry (supervision) Act of 1993. Along with this, there is another way in which these SMSF are managed. This type of fund is called a self-managed superannuation fund.

Our Superannuation Process



When using the SMSF accounting system, any outputs are shared with the customer once their individual requirements have been detected.



We are going to create an accounting solution for SMSF, and once we have a signed NDA, we will share the plan with our team of SMSF accountants.

SMSF Accounting

SMSF Accounting

Our team carries out the accounting services for SMSFs in accordance with the Service Level Agreement (SLA) to ensure that the procedures are finished within the predetermined timeframe.



We will prepare a comprehensive summary of the project to ensure that the client comprehends the steps we have taken to address their issues.

What Does SMSF Packages Include

At Account-Consultant, we have a team of experts who specialize in SMSF and recognize that your needs are distinctive. That's why we furnish tailored solutions to meet your specific requirements. Our exceptional methodology enables us to provide a diverse array of SMSF accounting services, based on your needs. You have the option to select the SMSF services that are most suitable for you as they can be customized to your requirements.

New SMSF Set Up

New SMSF Set Up

Existing SMSF Processing

Existing SMSF Processing

Complete Tax and Compliance

Complete Tax and Compliance

Complicated Situations

Complicated Situations

Completely Independent

Completely Independent

Fixed Fees

Fixed Fees

Choosing Superannuation in Australia:

  • It would offer much higher investment security.
  • You would be able to participate in the fund management.
  • All you need to do is ensure that these funds are regulated by the ATO or the Australian Taxation Office.

Along with this, there are other additional conditions for the self-managed superannuation funds holder, some of these conditions are:

Taxation Aspect:

These funds are taxed at 15% in Australia, although people can avail of various concessions as the government wishes to encourage the savings in these funds.

  • But, this is better as you would see that the non-complying firms taxed at 45%
  • If we look at the capital gains, only? Of the benefits included in the taxable income if the asset would hold for at least 12 months.

Why Choose Outsourcing for SMSF?

  • Avoid the cost of staff training
  • No need to buy and maintain SMSF software
  • Improve resourcefulness of internal resources
  • Pay only for the work that did
  • Low turnaround time
  • Affordable rates
  • Work with world-renowned team

Talk to a specialist, we get SMSF

You are entitled to be an expert in the field of SMSF. You can trust us to provide you with wise and effective guidance. We will take responsibility for managing the accounting, tax, and conformity needs of your SMSF.

Our primary objective is to offer our clients top-notch and adaptable SMSF compliance and consultation services as independent providers.

Our expertise in Self-Managed Super Funds is highly regarded by both trustees and professional advisers. We are readily accessible to provide assistance whenever needed.

Enlisting in the services of Superannuation Accounting guarantees that both you and your self-managed super fund are properly cared for.

FAQ about Superannuation

1. What is Superannuation?
A: Superannuation, commonly referred to as "super," is a retirement savings program in Australia. Through superannuation, your employer sets aside a portion of your salary throughout your working life, which is then invested in an account.

2. What are the Benefits of Superannuation?

There are many benefits of superannuation, including:

- Lower Fees: Compared to other retirement account options, super funds usually have lower fees.

- Investment Choices: Super funds generally provide several investment types to choose from, including retail, industry, public corporate, or self-managed funds.

- Portable: Super funds can follow you throughout your career, and you can choose to staple your super fund to yourself, rather than to a specific employer.
- Guaranteed Income: Super funds guarantee you won't run out of retirement funds before you pass away.

- Access to Funds: If you become incapacitated, permanently or temporarily unable to work, or have a terminal medical condition, you can access your super early without penalty.

3. What are the Types of Superannuation Funds?

A: There are two types of superannuation funds: defined benefit funds and accumulation funds.

Let’s Work Together…

Get In Touch To Discuss Your Next Project