Tenni & Associates

  • Phone Number: (03) 9720 9880
  • Email address: grant@tenni.com.au
  • Street address: Suite 12, 322 Mountain Hwy, Wantirna, VIC 3152

Accounting, Taxation & GST

We can help you take the worry out of your accountaing, taxation and GST.

Business Coaching

With our business coaching services, we can help you to run a better business

Business Startups

Get the right advice and avoid costly mistakes when starting a business.

Financial Planning

The need for quality financial advice has never been greater. Talk with us now.

Insurance

We can provide clients with quotes on a full range of insurances through our affiliate insurance group. Talk with us now.

Loans & Mortgages, Vehicle & Equipment Finance

We can help you access finance and save on interest rates.

Management Consulting Services

Utilise our experience and some KPIs to measure and monitor vital aspects of your business.

Self Managed Super Funds

We can help you with your SMSF tax and audit requirements.

Self Managed Super Funds

There are now more than 300,000 Self Managed Superannuation Funds (SMSF) in Australia and the number continues to grow.

A SMSF is basically a superannuation fund with one to four members who are also trustees responsible for the investment strategy and administration of the fund within strict Australian Taxation Office (ATO) guidelines.

In assessing whether an SMSF is suitable for you we prompt the following questions:

  • Do you have a substantial amount in personal superannuation? (As a guide, a minimum of $200,000 would be required due to establishment costs and ongoing management fees.)
  • Do you enjoy learning about your investments and have the time to regularly review their performance?
  • Would you like increased flexibility in estate planning, more investment options and greater responsibility for your own retirement funds?

If you answered ‘yes’ to these questions, you may be suited to having your own SMSF.

Whilst there are potentially great benefits, having a Self Managed Super Fund requires time, effort and discipline plus they also attract extra ongoing fees including annual audit fees.

 

The Importance of Understanding Trustees’ Duties & Responsibilities:

The Tax Office imposes a strict set of requirements upon SMSF members and trustees. The consequences of failing to perform are severe. For example, there are substantial penalties when trustees draw cash out from the fund for their personal use or access funds early when “a condition of release” has not been satisfied.

For that reason we run SMSF Education Seminars for members, trustees and other accounting firms.

 

SMSF Audit Service

Given our knowledge and experience in the SMSF area we have also set up an independent SMSF audit service to assist other accounting firms. This specialist service targets firms who wish to outsource their SMSF audit function, either to focus on core services or satisfy the independence guidelines required by the Tax Office. The major benefits of this service include:

  • Independence
  • Quick Turnaround Service;
  • Advice on key documentation and workflow efficiencies (including use of BGL)
  • Australia Wide Service

Call our office on (03) 9720 9880 to discuss your superannuation needs including the establishment of your own SMSF or the outsourcing of your SMSF audits.

Tenni & Associates Pty Ltd, Corporate Authorised Representative No. 448819 of InterPrac Financial Planning Pty Ltd (AFSL 246638) |Privacy Policy

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