Services

Establishment of Self Managed Funds

The team at Opez will attend to the establishment of the fund, including incorporation of a corporate trustee (if required), instructions to solicitors regarding trust deeds, and all applications to the Australian Taxation Office and other regulatory bodies.

Annual Compliance Requirements

An Opez accountant will attend to the preparation of the fund's annual financial statements and statutory returns, including income tax, surcharge, Instalment Activity Statement or Business Activity Statement returns as required.

SIS Compliance

Opez will assist Trustees in meeting their obligations under the SIS Act. Ensuring the fund complies at all times with SIS is critical to protect the funds assets and income from punitive tax rates. Where a breach of the Act has occurred, Opez will work with Trustees, Auditors and the Australian Taxation Office to rectify the issue, with a view to maintaining the fund's complying status.

Benefit Payments

As trustees and members retire, the superannuation specialists at Opez will advise on strategies to ensure the most tax effective benefits are paid. Opez will attend to all the necessary documentation, including reporting to the Australian Taxation Office's Reasonable Benefit Unit.

Income Streams

The complex areas of allocated, complying lifetime, fixed term and non-complying pensions will be handled by the specialists at Opez. They will ensure that the most tax effective income stream is used for members, and attend to establishment of the pension, along with all ongoing requirements.  

Succession Planning

One important aspect of superannuation that is often overlooked is how superannuation assets are passed on to the next generation. Opez can assist members in structuring their affairs to ensure that monies flow to the intended beneficiaries as tax effectively as possible.

Investment Advice

Opez can advise Trustees on allowable investments permitted under the SIS Act, and any income tax and capital gains tax implications. For advice on the fund's investment strategy and on placement of monies, Opez can arrange an introduction to an advisor from Entrust Private Wealth Management or the Trustee may wish to engage the services of an advisor of their choice.

Rollovers

The staff at Opez can assist with the necessary documentation to rollover members' benefits to their fund.

Superannuation Splitting

The specialists at Opez can assist members in splitting their superannuation on divorce, including advice on taxation issues, how Trustees are to administer ‘flagging' of benefits within the fund, and the impact on each member's reasonable benefit limit.

Trust Deeds

Review and Update Services .

UK Transfers

Opez can assit with the transfer of UK monies to the Australian Superannuation System.

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