A key component of running your own self managed superannuation fund is knowing how your investments are performing and what liabilities exist. Financial accounts can be provided on a monthly, quarterly or annual basis.

A self managed superfunds compliance with the law is paramount in maintaining its tax favoured status. Getting it wrong can be costly and result in significant taxation assessments. Your fund also needs to be audited every year to ensure compliance with the laws.

The Investment Strategy of your self managed superannuation fund is not only an invaluable tool it is also compulsory. The Investment Strategy outlines what type of assets can be purchased and the reasons for acquiring particular assets.

InvestorOne Chartered Tax Advisors take care of all self managed superannuation lodgement requirements. Annual returns need to be lodged with the Australian Taxation Office as well as regulatory returns.