Business Compliance Services
Taxation can be a major cost to any business. Complying with your tax responsibilities and ensuring you minimise the impact can help you to achieve your financial objectives.
Business Structure Services
Reviewing every phase of your organisation's lifecycle to achieve the desired results and maximise potential.
Business Strategy Services
Helping businesses grow, through reviewing the financial position, developing growth initiatives and identifying the areas that require attention to achieve your goals.
Self-managed Superannuation Funds
Self-managed Superannuation Funds
There are several trust laws and legislative requirements for setting up a self-managed superannuation fund (SMSF). Typically you need to:
- Obtain a trust deed
- Appoint trustees
- Sign a trustee declaration (NAT 71089)
- Elect to become a regulated fund
- Obtain a tax file number (TFN)
- Obtain an Australian business number (ABN)
At Penn Business Solutions we provide the professional advice you need to greatly simplify the process for you.