#Self Managed Super Fund Brisbane

[virtusuper]

How to Start Planning for Retirement in Brisbane?

If you are a Brisbane resident looking to plan for your retirement then Virtu Super is the perfect place to be as we offer professional Retirement Planning Brisbane. Our experts provide accurate solutions for your issue.

[brisbanesmsfaustralia]

SMSF Australia - Specialist SMSF Accountants

An accountant who specializes in managing self-managed super funds is known as an SMSF accounting specialist. Brisbane-based SMSF accounting specialists are prepared to handle challenging tax and compliance issues, audit SMSF financial statements, and offer advice on investment strategies and retirement planning. They are up to date on regulatory developments that affect SMSFs and have a thorough understanding of the Australian tax system.

Contact us:

SMSF Australia - Specialist SMSF Accountants

477 Boundary St, Spring Hill QLD 4000, Australia

+61 7 3112 8069

Visit our links:

[louisisalarrie]

Hey lovely. Wanted to ask you this as you work in the industry but who funds Louis’ tour? Is that the record company or is he doing it himself? And who pays his band, manager etc? I’m just curious as to how much support he’s getting from his record label or if he’s really doing a lot of self funding.

Hello, my love! I’m gonna try and explain this the simplest way possible so I don’t get into too much jargon and make you read a 3,000 word essay hehe. Also, contracts can all vary, but this is the most standard way of touring when it comes to big artists. Let’s goooooo!

Okay, SO, when a big artist (or band) go on tour, they will 99.9% of the time have a contractual Agreement with a concert promoter, this includes the likes of Australian exclusive promoter TEG (who Niall is touring Australia with this year), international promoter Live Nation (Harry toured worldwide with them, Louis did Australia/Asia with them and probably worldwide too because of global deals), Australia/NZ exclusive promoter Frontier Touring (T Swift for Australia, but she was with Live Nation in the US) and there are many other promoters worldwide too. You’ll see on some specific marketing material that the artist and promoter put out, it will have their logo at the bottom of the tour poster, and shows they are what is called a “sponsor” or the concert promoter for this tour. See examples of this below:

^ niall’s Australian tour with TEG live on the bottom right

^ one of Harry’s US posters with Live Nation at the bottom

^louis’ Singapore tour poster, also with Live Nation at the bottom

So basically, what these concert promoters do, is sponsor the artist. That means, the booking agent/tour manager will sign a contract with whichever promoter offers the best deal, and will tour with them. The reason why they sign up for a tour with a promoter, is because the promoter provides a safety net, and takes care of a lot of the things that come with touring that the artist and their team don’t wanna think about organising, and so they let them do it for them. This includes stuff like paying and organising crewing teams and riggers and those guys, work Visas to get into the country, marketing, venues and available dates for shows, catering, sound/lights/backline/LED, rent costs for the venue, security, flights, accommodation, etc., which is negotiated per the contractual Agreement.

The tour manager of the artist also works really closely with these guys to approve any staging, catering, or locally rented lighting rigs and all that specific fun stuff that the artist doesn’t travel with, but is particular about to make the shows/tour exactly how they want them (this will be in their production rider and hospitality rider that they supply the promoter with).

Let’s say, for example, Niall really wants to stay in a specific 5 star hotel in Brisbane, he wants a flight to Aus at a very particular time on a very specific date, he wants to bring 40 crew members with him, he needs a specific set of lights and a particular sound desk at each show (bc he’s my little drama queen). Him and his team are super busy on the other side of the world, they just don’t have time to organise all of that. It would be constant emails and phone calls back and forth with quotes, availability, submitting 40 work Visa applications, multiple suppliers saying “yes we can do that” and “no we can’t”, time zones, etc., so why not sign up with a promoter and let them do it for him?

So now, we get into the money side of things. Sure, niall knows he will make money if he tours without a promoter, he knows he’ll sell tickets in Aus, and he knows that he’d probably come out with a profit. But apart from not wanting to organise and spending a heap of money on all of this stuff, is it worth touring if he doesn’t think it’ll be sustainable and he’s basically lost money from doing it? No, it’s not. SO promoters know this, and they all fight for artists to sign with them, by offering up the biggest guarantee they can. This is often a guarantee vs ticket sales scenario.

So, if TEG were like “hey niall, we’ll guarantee you $800,000 to tour with us, or, 80% of ticket sales, whichever amount is higher”. A guarantee means he’s not relying on ticket sales alone. He knows that if none of his shows sell out and less people come than he thought, he’s still gonna get $800,000. Or, if he sells a heap of tickets, he gets more than that, yay! But if Frontier Touring were like “nah, come with us, we’ll give you $700,000 vs 90% of ticket sales, he’d have to consider the fact he might not make as much money, unless he really trusts that all of his shows sell out. So they usually go with whoever can give a higher guarantee.

Now, within these deals, sometimes the higher the guarantee, the more the artist has to pay for themselves (I’m keeping this at like… what a Harry/Niall/Louis level deal would kind of be, not like an Elton John level or something, because that would probably vary entirely). So, Niall has been guaranteed this insane amount of money, but TEG are then like “well… we’ll do all of this and you know you’re making money, but we do have a budget. So you can pay for your flights and work visas, and everything that you want that is above our budget cap, but we will try to keep everything under budget unless you approve to pay more for a specific thing you want”. Ya know? So yeah, Niall is like “hell yeah dudes, sounds good. Sign me up”. And then it’s all a bunch of finance organising etc., but yeah. Usually the smaller the band, the more they’ll pay for if they go with a promoter, because the promoter doesn’t want to take too many risks on them and still needs to make money. They’ll still get a guarantee, but will have to sort out more by themselves, and not treated exactly like royalty like Harry would be.

So long story short, the concert promoter funded Louis’ tour, and probably organised just about everything. The concert promoter sends the money to Louis’ agent (whether it be the guarantee or higher due to ticket sales), and they divide that amount to him, his manager (which is usually 15-20% but can differ with how famous the artist is), anyone else involved in contracts for % of touring, and then happy days. The tour is over and everything has been a lot easier than the tour manager(s) having to organise it all by themselves, and risk losing a bunch of money in doing so.

Thanks for the q, anon! Let me know if you need clarification on anything xx

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[bestrentalyield]

Best Places to Buy Investment Property in Australia

Valid reasons to do property investment

When you are living in Australia then you might think of doing investment in properties. Here you have to choose the best places to buy investment property in Australia. Now many spots here like Brisbane, Queensland and Adelaide are being chosen by people who want to create additional sources of income or want to have a financially safe retirement.

Now when you start of thinking about making property investments then first of all you will need training about when to do investments in the real estate market. Then you can use your cash to buy properties. Another option is to take help and guidance from investment advisors who know all the trends about the market. If you want a source of income that will help you after job retirement then just make property investment.

How to help others with property investment ideas?

The issue about the best places to buy investment property in Australia can be solved by property investment advisors and companies in the long way. If you see that here cities are well developed and progressive then you can invest your money here to buy properties.

Just invest your money here in buying homes, apartments and commercial complexes. Then you can give them on monthly rent to tenants who need them. You can help students, job doing people and business personals by making these kind of arrangements. When you do all these things then you can create an additional source of income.

The importance of SMSF in property investment

We have seen that super funds also called SMSF can also help and guide you to become the owner of properties. With the help of self-managed super funds you can get money and invest it in buying assets when you have less cash. Explore self managed super funds property investment —start growing your wealth today!

So here you can become a member of this fund. Even some other people will be the members of SMSF and with their permission you can take money. Then you can buy your favorite property. However you will get the ownership of this property after you take complete retirement from your job.

[wise-audits0]

Your Trusted SMSF Auditor in Brisbane: Wise Audits

Wise Audits is your go-to SMSF auditor in Brisbane, offering unparalleled expertise in managing self-managed super funds. Their team is dedicated to delivering precise audit services that not only meet regulatory standards but also support the strategic goals of your fund. With a reputation for integrity and a client-focused approach, Wise Audits ensures a seamless auditing process, helping you maintain compliance and make informed decisions about your SMSF. 

To know more visit - https://www.wiseaudits.com.au/

[auditsmsfonline]

Navigating the SMSF Audit Process with Akeri: A Step-by-Step Guide

In the realm of self-managed super funds (SMSFs), ensuring compliance with regulatory standards is paramount. SMSF Auditing, a critical aspect of managing these funds, demands precision, expertise, and a thorough understanding of financial regulations. In this guide, we delve into the SMSF audit process, shedding light on how Akeri SMSF Auditors streamline the journey for trustees, financial advisors, and tax agents across Australia.

Understanding the SMSF Audit Process

SMSF auditing involves a meticulous examination of a fund's financial statements, compliance documents, and operational practices. Akeri SMSF Auditors specialize in this domain, leveraging their extensive experience and industry knowledge to conduct comprehensive audits.

Step 1: Engagement and Preparation

The process commences with engagement between Akeri SMSF Auditors and the trustees or their representatives. During this phase, the scope of the audit is defined, and necessary documentation is requested. Trustees can opt for SMSF Online Auditing, a convenient and secure way to submit their records digitally, ensuring efficiency and accuracy.

Step 2: Preliminary Review

Upon receiving the requisite documents, Akeri's expert auditors conduct a preliminary review to assess the completeness and accuracy of the provided information. This stage is crucial for identifying any discrepancies or potential compliance issues that need to be addressed.

Step 3: In-Depth Examination

With thorough preparation underway, Akeri SMSF Auditors proceed to conduct a detailed examination of the financial statements, investment strategies, compliance documents, and operational procedures of the SMSF. This in-depth analysis ensures adherence to regulatory standards, mitigating risks and safeguarding the interests of fund members.

Step 4: Reporting and Recommendations

Following the audit, Akeri provides a comprehensive report highlighting the findings, including areas of compliance excellence and any identified deficiencies. Clear and actionable recommendations are presented to address any shortcomings and enhance the overall integrity of the SMSF.

Step 5: Finalization and Compliance Assurance

Upon receiving the audit report, trustees, financial advisors, and tax agents collaborate with Akeri SMSF Auditors to implement the recommended measures and address any outstanding issues. Akeri's commitment to excellence ensures that all necessary steps are taken to achieve compliance with regulatory requirements.

The Akeri Advantage: Why Choose Us?

Nationwide Coverage

With offices in Melbourne, Perth, and Brisbane, Akeri offers comprehensive SMSF Auditing Services across Australia. Our team of seasoned auditors provides localized expertise combined with a national perspective, catering to the unique needs of clients in diverse regions.

Tailored Solutions for Financial Advisors and Tax Agents

Akeri understands the pivotal role of financial advisors and tax agents in managing SMSFs. We offer specialized SMSF Auditing for Financial Advisors and Tax Agents, providing tailored solutions that align with their specific requirements and professional obligations.

Commitment to Excellence

At Akeri, we are dedicated to delivering excellence in every aspect of our service. Our auditors undergo continuous training and development to stay abreast of regulatory changes and industry best practices, ensuring the highest standards of quality and compliance.

Conclusion

Navigating the SMSF audit process with Akeri SMSF Auditors offers trustees, financial advisors, and tax agents a reliable and efficient pathway to compliance. With our expertise, nationwide coverage, and commitment to excellence, we strive to empower SMSF stakeholders with the confidence and peace of mind they deserve.

[dailystraitsdotcom]

Australia's Investment Revolution

InvestmentMarkets.com.au offers diverse investment opportunities, transparency, and educational resources in Australia.

Brisbane, March 18: InvestmentMarkets.com.au has emerged as a groundbreaking platform in Australia’s financial services sector, offering a unique double-sided marketplace that caters to both retail and wholesale investors, as well as Self-Managed Super Funds (SMSFs). This platform stands out by providing a centralized hub for exploring and comparing a wide array of investment opportunities across…

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[mccormiclaw123]

child custody lawyer brisbane 

At McCormick Law, our family legal help experts have navigated innumerable property settlements for clients, including situations involving large pools with multiple entities and trusts and self-managed super funds, with a combined several years of experience in family law. When it comes to negotiating with a narcissist, we are specialists. Our child custody lawyer like taking on complex cases with complicated legal challenges or financial inequality between the parties to provide you with a fair and equitable outcome.

[smsfauditonline1]

Hire SMSF Auditor for Proper SMSF Audit

When planning for retirement, superannuation funds and self-managed super funds (SMSFs) are your best bet. You should know that the Australian Taxation Office regulates and controls them. The government of Australia has passed a law requiring all workers to set up their own individual retirement savings fund (SMSF) for future use. The fund's contributor can also serve as the fund's trustee. You, as the trustee, get to decide how the money is invested. There are, nevertheless, some obstacles that you must not ignore. Some examples are failing to conduct an SMSF Audit, disbursing funds rapidly without legal actions, failing to provide returns, and failing to comply with domestic legislation.

There is no other type of fund like an SMSF Audit Brisbane. It permits the person to act as a trustee and gives them direct control over their superannuation assets. Any kind of investment is completely open to you as representative. Since Self Managed Super Fund Audit Brisbane can be utilized to purchase virtually any asset, including real estate, regular audits are crucial. You can reinvest these funds in other ventures if you like, provided you do not break any restrictions in the process. You, as the recipient and a trustee, need complete awareness of your duties. All the terms and conditions need to be made very clear.

According to the Australian Taxation Office, only a certified, impartial SMSF auditor with the appropriate credentials may conduct audits. As the trustee of these funds, you should be familiar with your legal and tax responsibilities in order to avoid penalties from the tax authority. One time in a year, you havesent in all the money for the process of SMSF audit. Managing Self Managed Super Fund Audit Brisbane is a complex procedure that calls for the assistance of a competent accountant. You can also count on their assistance in putting together the paperwork essential for an audit. In this method, you may keep your money in order and avoid breaking any laws.

The auditors of Self Managed Superannuation Fund Audit should have the knowledge and competence to conduct a thorough audit and rule out any concerns. If you wish to get better the quality of your SMSF services and want to stay away from any problems that possibly arise, you need to hire a reliable SMSF audit provider. Auditing your Self-managed super fund is a great way to ensure compliance with the rules and safeguard against irresponsible investment choices. This method ensures that your specific fund complies with all regulations.

It is crucial that you perform audits and keep meticulous records as a trustee of a self-managed superannuation fund (SMSF). The Australian Taxation Office should receive all documentation following the conclusion of the auditing process. If you or any of the other trustees lack the requisite expertise to deal with any given administrative situation, you can always bring in outside help. In the same way, Self Managed Superannuation Fund Audit Brisbane administrators can assist with the establishment process. They will assist you in expanding your investments so that your pension income is effectively protected prior to retirement.

[virtusuper]

Why Choose a Self-Managed Super Fund for a Secure Retirement?

If you want to your life will be secure then you can choose Virtu Super's Self-Managed Super Fund Brisbane services to take control of your retirement journey with confidence. Our expert provides strategies, comprehensive support, and guidance, ensuring your SMSF is optimised for long-term financial security.

[smsfaccounta09]

SMSF Australia - Specialist SMSF Accountants

Contact info

Address: 477 Boundary St Brisbane City, QLD 4000

Phone Number: +61 731128069

Business Email: info@smsfaustralia.com.au

Website: https://smsfaustralia.com.au/smsf-accountants-brisbane/

About us:

At SMSF Australia, we provide comprehensive SMSF accounting and administration services to help make setting up and managing your SMSF as easy as possible. Our SMSF Accountants servicing Brisbane have decades of experience providing Self Managed Super Fund accounting and advisory services throughout Queensland.Let us work with you to make your fund compliance as automated and simple as possible! We can take care of all of the administrative tasks from preparing financial statements & tax returns to TBAR reporting and compliance.We use Class Super, the leading online SMSF administration software, to automate many of the routine tasks involved in running an SMSF, making it simple and inexpensive for you to keep track of your fund!

Related searches:

SMSF Accountant

Additional info

Operating Hours:

Monday to Friday

9:00 AM - 5:30 PM

Number of employees:

13

Year Founded:

2019

[brisbanesmsfaustralia]

477 Boundary St, Spring Hill QLD 4000, Australia

+61 7 3112 8069

At SMSF Australia, we provide comprehensive SMSF accounting and administration services to help make setting up and managing your SMSF as easy as possible. Our SMSF Accountants servicing Brisbane have decades of experience providing Self Managed Super Fund accounting and advisory services throughout Queensland. Let us work with you to make your fund compliance as automated and simple as possible! We can take care of all of the administrative tasks from preparing financial statements & tax returns to TBAR reporting and compliance. We use Class Super, the leading online SMSF administration software, to automate many of the routine tasks involved in running an SMSF, making it simple and inexpensive for you to keep track of your fund!

[smsfauditonline]

Are you looking for a professional online SMSF auditor? Well, SMSF audits are compulsory in Australia and needs the professional examination and completion by a registered ASIC (Australian Securities and Investments Commission).

[smsfpro-blog]

Set up super fund and Learn more about self managed superannuation fund.