Members of the SMSF, who are usually also the trustees, run the SMSF for their benefit and are responsible for complying with superannuation and tax law.
Management of a SMSF provides a great range of benefits to its member including but not limited to:
- Tax minimisation
- Investment choice
- Payments of life insurance through your SMSF
- Borrowing to invest in property.
Investing as an individual Vs. Investing through a SMSF
| SMSF | Individual | |
| Rental Income | 15%-0% | 30%-39% |
| Loan Repayment | 15 Years | 30 Years |
| Capital Gains Tax | 10% – 0% after 55 | 30% – 47% |
| Deposit / Stamp duty | Use funds in super | Use personal savings |
| Tax Rate | 15% – 0% | 30%-45% |
Powell Enterprises has a specialised team and easy mechanisms in place to comply with super and tax law, maximising benefits and opportunities for SMSF’s members.