FEATURES
Fixed Price Administration
We promise that the fee we publish is the maximum you will be charged. If you have a simple fund and can provide bank statements and broker statements electronically we may be able to offer you a further discount
Fast Turnaround
We offer a fast turnaround service. Generally we complete the fund accounts and audit within 10-15 days of full and complete documentation.
Technical Support
If you dont have all the SMSF expertise in house, as part of our service we can generally provide technical support for your funds. In addition we provide you an annual summary of any issues or opportunities for your clients
Quality Service
We are specialist SMSF providers and can provide you a quality service at a fraction of the price it may cost you to manage funds internally
About Us
Supernova Consulting is a boutique Self Managed Superannuation provider offering annual SMSF compliance services. We offer a personalized service to a small number of clients that want a simple, low cost but high quality administration service. With over 20 years' specialist SMSF experience, we are able to assist accountants and financial planners navigate through the maze of super requirements and ensure you can focus on the key purpose of delivering optimal returns to trustees
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Accounting
Financial Statements, Tax returns menber statements, investment reports
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Audit
Independent Audit
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Pension
Actuarial certifciates, pension documentation
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Consulting
Assistance with compliance issues and technical support
Our aim
Gerard Hannan
Angie Hannan
Fees
Fixed Price fees with no hiden extras
Accountants and Financial Planners
Trustees
Other Services
Latest news
Covid-19 – Reduction in Minimum Drawdown Rates
The Government is helping retirees to manage the impact of volatility in financial markets on their retirement savings by temporarily reducing superannuation minimum drawdown requirements. The Government is also reducing social security deeming rates in recognition of the impact of the low interest rates on savings. Summary The Government is temporarily reducing superannuation minimum drawdown[…]
Covid-19 – Temporary Early Access to Superannuation
In response to the economic consequences of the Covid-19, yesterday (22 March 2020) the Government announced Special access to existing superannuation balances will be available to those who have experienced significant reductions in their income, are unemployed or who have been retrenched. Eligibility Members will be eligible for the early access if: • They are[…]
1 July 2019 Superannuation Changes
In February 2019, a number of laws were passed through Parliament that will see changes to superannuation in the coming year. The changes are due to commence from 1 July 2019. These reforms join other recent changes first proposed in the 2018/19 Federal Budget. The changes include: Fees Accounts classified as low balance (those that[…]
2019-20 Superannuation Tax Rates and Thresholds
We have produced a comprehensive reference guide to the latest Superannuation Rates and Taxes providing a quick check of contributions limits, conditions of release and tax rates etc.. You can Download the reference guide and always have the current rates close at hand We also have a number of resources available. The forms checklists and guides can[…]
Is your SMSF Deed non compliant?
As you may be aware, the law governing superannuation in general, and Self Managed Superannuation Funds in particular, is regularly evolving. Supernova continuously monitors the changes that occur in self managed superannuation to ensure you are kept up to date with the latest changes, and we believe now is a good time to have the[…]
End of the financial year – Are your clients Clients’ SMSFs ready?
With the end of the financial year fast approaching, now is the perfect time to ensure everything is in place for your clients SMSF clients before 30 June. The following are some superannuation strategies that you might want discuss with your clients. Contribution caps Before the end of the financial year your clients should: Review[…]
Transfer Balance Cap reporting – what does it mean for you?
From 1 July 2017, superannuation fund members are subject to a $1.6 million transfer balance cap (TBC) which limits the tax exemption for assets funding superannuation pensions. The TBC encompasses a significant amount of monitoring for an individual. This monitoring is to be facilitated by the Australian Taxation Office’s (ATO) event-based reporting framework. Event-based reporting[…]
All SMSF accounting services are the same… …aren’t they?
The end of year compliance process is pretty much the same wherever you go. Whether you pay $3,000 or $300 the end result is that you get financial statements, independent audit, member statements, tax return and some minutes. So what distinguishes one provider from another? Its really about how you get there. We want to[…]
DOES SUPERNOVA COMPETE WITH ME FOR SMSF CLIENTS
No Unlike some of our competitors who, in addition to providing services to accountants/advisers, also offer a retail product to trustees in direct competition, Supernova only market to accountants and advisers. Our wholesale fees are only available to SMSF professionals including financial planners, accountants and brokers. We generally don’t deal direct with trustees. We understand the[…]
WHAT SERVICES ARE INCLUDED IN SUPERNOVA ADMINISTRATION?
Basic INCLUDED Features This Includes the usual Standard Functions you would expect… Fund processing and administration Preparation of annual financial statements Preparation of the SMSF annual return Investment Reports (Income, realised and unrealised gains etc) Member statements Trustee minutes Additional INCLUDED Features Many of 0ur competitors will charge extra for the below services that we[…]