Wikiposts

SMSF and QROPS

Thread Tools
 
Old Jul 29th 2018 | 6:47 pm
  #1  
ianandhelena's Avatar
Thread Starter
BE Forum Addict
 
Joined: Aug 2005
Posts: 2,270
From: Kingston, Tas
ianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond reputeianandhelena has a reputation beyond repute
Default SMSF and QROPS

Has anybody on here set up their own SMSF and got QROPS accreditation? Did you do it yourself, and what pitfalls should I look out for?
 
Old Aug 1st 2018 | 11:56 am
  #2  
Migration Agent
 
Joined: May 2002
Posts: 6,461
From: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Alan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond reputeAlan Collett has a reputation beyond repute
Default Re: SMSF and QROPS

Originally Posted by ianandhelena
Has anybody on here set up their own SMSF and got QROPS accreditation? Did you do it yourself, and what pitfalls should I look out for?
IMHO the financial costs of getting this wrong will more than outweigh the cost of getting professional advice.

=> Consider getting professional support.

Feel able to ping a PM to me if you want to explore this more fully.

Best regards.
 
Old Aug 6th 2018 | 2:21 pm
  #3  
Scotty1's Avatar
Bright in Orange
 
Joined: Nov 2004
Posts: 515
From: Orange, NSW
Scotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond reputeScotty1 has a reputation beyond repute
Default Re: SMSF and QROPS

Yes but I would not have done this without both financial advice for both UK and OZ and paying a specialist to draw up the Trust Deed There is also the need for ongoing annual audits that report back to HMRC. It is not cheap but it is worth it for our situation. The potential for a large tax bill due to a DIY error is huge. I would get advice on whether to do it and then get someone else to do the paperwork.
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.