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Post by Wayne Shultz on Mar 25, 2024 9:48:25 GMT -5
A Self-Managed Superannuation Fund (SMSF) in Australia is a private superannuation trust structure that provides members with greater control over their retirement savings and investment decisions. SMSFs can have up to four members who act as trustees or directors of the corporate trustee. Members are responsible for managing the fund's investments, compliance with regulatory requirements, and administration, including annual audits. While SMSFs offer flexibility in investment options, including direct property and shares, they also entail significant responsibilities and obligations, including adherence to strict regulatory guidelines set by the Australian Taxation Office (ATO) to ensure compliance with superannuation laws. SMSF Melbourne
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