Self-managed Superfund known as ‘SMSF’, it is a private superannuation fund that managed by business owners. Investors save this fund over a period for the purpose of retirement.
It is mandatory to assess the total value of your assets once in 3 years as a requirement of Australian Tax Office. Investors or property owners will have to report the total net assets to ATO for financial reporting purposes. Valuation reports for self-managed superfund purpose is also used by accountants for financial review or internal reporting.Contact