We've been giving business owners advice on managing their SMSFs for over 25 years. We can help you maximise your investments.
We can not only set up your SMSF, but we also help you with ongoing advice to ensure it performs well.
Our SMSF accountants work hard to understand your unique priorities, helping you make the best plan for your future.
We constantly strive for a better way of doing things, embracing new developments to bring you industry-leading technology and software.
When it comes to strategic guidance, our SMSF team can help you with investment strategy planning and implementation, financial modelling and advice on contribution strategies, estate planning and much more.
And if you also require profit and loss account preparation, member statements and balance sheets, audit reports or annual return preparation, our compliance team can take care of everything on your behalf.
Our approach to SMSF accounting services is to deliver all the strategic thinking and day-to-day support to ensure you get unrivalled value from having your SMSF set up and maintained with Liston Newton Advisory.
We've developed a unique methodology for accounting services that helps you achieve your objectives. By considering both your short and long-term goals, we aim to always give you the best advice and services.
Learn more about our methodologyYou're in safe hands with Liston Newton Advisory. You can see our achievements for yourself.
We restructured Papermill Media and moved them to cloud accounting. Papermill was listed at number 43 in the Australian Financial Review's Fast 100 List in 2017.
Take a lookWe have helped Cambridge Plumbing to manage and forecast cash flow. We've also provided the director with advice on wealth creation and asset allocation.
Take a lookAfter helping them transition to Xero, we conducted quarterly business coaching with Quality Energy and helped increase their profits by 90 per cent.
Take a lookOur SMSF accounting services give you complete peace of mind.
SMSF stands for ‘Self-Managed Super Fund’. Every SMSF is regulated by the ATO (Australian Taxation Office) and can have as many as four members. An SMSF is a good idea if you want more flexibility in how your superannuation is invested. With the right help, they are easy to set up.
Whilst there is no law on the minimum amount of money needed to start a SMSF, the ASIC guidelines recommend $200,000 as a minimum. At Liston Newton, we believe this figure should be a minimum of $250,000 to justify a setup.
The maximum number of members a SMSF can currently have is four. Recently there were attempts to change this to six, but so far it remains at four.
Yes. Employees can instruct their employer on where they want their super to be paid. You can also rollover any old super fund balances to an SMSF. However, you need to be careful before doing so. We recommend getting qualified advice on your existing super fund, as it could have insurance, or a defined benefit amount.
If you start a SMSF with someone else, your balances are pooled into the one fund. However, this does not mean your amounts get mixed up. A set of accounts is prepared for each individual each year, so that each member maintains their own balance throughout their life. As your fund grows, so does your balance.