Get ASX price / announcement / info
ASX Code :
  Home   About Us    Our Services  Team Members   Alliance Partners  Create SMSF  Testimonials   Contact Us
 
 

Our Services |

Complete Super Solutions (CSS) provide a range of services to suit the varied requirements of our clients. From basic services such as arranging for preparation of tax return, audit etc to a comprehensive administration service, CSS possesses resources to provide all.


Comprehensive Administration Service

CSS administration service package is for those who are operating their portfolio as per CSS’ operating method and who wish to outsource the daily administration of their portfolios while being involved in the strategy side of it. By being the mailing house of the portfolio and with the help of state of the art technology using data feeds from various sources, CSS is able to maintain the portfolio up to date without the need of client communicating the purchase/sale details. Thus, the only major difference that the client experience is the welcome reduction in incoming mail to their address.

Moreover, this administration service is a fixed fee service and therefore prepares the clients for their cost planning.

  • Being the mailing house for your fund
  • Processing of bill payments
  • Arranging the preparation of annual financial reports through a registered tax agent
  • Preparation and lodgement of income tax return through a registered tax agent
  • Arranging annual audit of the fund from an independent auditor
  • Advice on compliance of fund’s trust deed with regulatory requirements
  • Preparation and maintenance of all statutory member records and reporting
  • Preparation of minutes of annual trustee meeting*
  • Provision of SuperPoint© system (refer to the SuperPoint©-for the client)
  • Maintenance and reporting of fund’s investments with updated unit values**
  • Maintenance and reporting of fund’s investment income**
  • Maintenance and reporting of member’s contributions
  • Preparation of documentation for commencing pensions (if applicable)
  • Calculation of annual pension benefits as required by law (if applicable)
  • Preparing necessary documents for roll-overs or lump sum withdrawals***

* These are standard minutes of meeting held by Trustees to ensure and confirm accuracy of annual financial reports and income tax return
** The investments should not include unlisted investments or managed funds without APIR code
*** Not more than 2 every year and on the receipt of a written request from the trustees

Top

Pension Compliance

Starting a pension in a Self-Managed Superannuation Fund (SMSF) is easier said than done. It involves preparation and lodgement of various documents that are found confusing and cumbersome by many.

CSS’ pension service ensures clients meet their regulatory obligations while setting up a pension for a member. It does that by providing the following services:

  • Preparation of pension schedules at the start of the pension and at the start of every financial year
  • Preparation and lodgement of quarterly Instalment Activity Statements (IAS) with the Australian Taxation Office (ATO)
  • Preparation and lodgement of annual group certificates with the ATO
  • Preparation and lodgement of annual PAYG payment summary with the ATO
  • Arranging for an actuarial certificate (if necessary)

Top

Property Compliance

For clients who hold one or more investment property in their SMSF, CSS provides services to ensure clients do not have to worry about the administration hassles that accompany an investment property.

Administration of superfunds holding a direct investment property involves:

  • Preparation and lodgement of quarterly Business Activity Statements (BAS) with the ATO
  • Recording and processing of regular bill payments such as property management fees, utilities (electricity, water etc), council rates notices etc.
  • Record and receipt of rent from the property

Top

Accounting and Auditing Services

These services are for those who are content with self-administration of their portfolios (personal or SMSF) and are looking only for accounting and auditing services.

Through qualified and registered tax agents and auditors, CSS can provide for the following:
  • services such as preparation of tax return and annual financial reports. These reports also include annual member statements stating members’ balance and the components.
  • Preparation of annual audit of the fund (SMSF only). This audit can be performed for:
    • Ongoing compliance of the fund with the SIS legislation
    • Audit of the financial reports and tax return of the fund

Top

CSS’ operating method

Clients opting for CSS administration package should have the following:

  • Macquarie Cash Management Trust (CMT) as the fund’s only bank account – Macquarie CMT is an award winning CMT product offering features like:
    • EFT portal service for payments to the ATO
    • Daily automatic data feeds to CSS’ database to ensure your online portfolio reports are up to date
    • Online access for clients
    • User friendly processes for payments/withdrawals
    • Provision of audit letter for the financial reports audit

  • Stockbrokers from the list of approved stockbrokers (refer to the list) -CSS has found that the stockbrokers on the list provide efficient service to their clients that are in line with CSS’ standards
    • stockbrokers provide timely data feeds to CSS’ database ensuring up to date online reporting
    • CSS gets online access to fund’s portfolio, thus keeping you free from storing all the contract notes for the end of year income tax return

Top
                         All Rights reserved Complete Super Solutions|Privacy Policy