For a lot of Australians, self managed super funds is one of the biggest investments, if not the biggest investment they will ever have. Super funds are suitable for people with a plethora of skills in financial and legal matters. If this sounds enticing, you might want to talk to a tax agent and see what you can do.
Considering a self managed super find? You should do your research and understand your obligations before you go through with it. Talking to a tax agent from the institute of Certified Management Accountants is a grand idea. the ICMA is an Australian organization that focuses on management accounting.
They differ from the other Australian accounting services, however. The ICMA is a different agency than the CPA Australia, Institute of Chartered Accountants of Australia and the Institute of Public Accountants. On another note, the Future of Financial Advice is a proposed regulatory framework in relation to financial advice.
If you want more information or you want to start a super fund, you should do your research and talk to a tax agent or a business accountant. If you’re having trouble finding someone to talk to, you can use a search engine to get connected with an expert or a consultant. Simply search “tax agents Melbourne” or “accounting melbourne” or even “business accountant melbourne” and the results will point you at someone to talk to about accounting opportunities in Australia.