Phil Griffiths

Bachelor of Commerce Certified Practising Accountant Diploma in Financial Planning Professional Certificate in SMSF Approved SMSF Auditor Phil has been the Managing Director of Griffiths Advisory for 29 years, combining his expertise in taxation, business advisory, superannuation, negative gearing, and wealth creation. He also loves an active lifestyle, indulging in surfing, cycling, snowboarding, and spending quality time with his wife and two children.

Understanding Your SMSF

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understanding SMSF

Managing one’s Super account is possible through a Self-Managed Super Fund or SMSF. Since managing SMSF is not taught in schools, there is a lot of confusion about what one can do or cannot do with their Super account. To save time and get expert advice, an SMSF accountant in Perth should be on your … Read more

Can I Withdraw money from my Self-managed Super fund?

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SMSF Lump Sum Withdrawals If you meet the conditions, then you certainly can. However, if you are thinking of withdrawing money from your self-managed super fund, it is vital to know some key points. One of them is Lump Sum Withdrawals. It refers to the amount found from your SMSF that does not fall under … Read more

How Much Money Do I Need for a Self Managed Superfund?

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How much is needed? The minimum viable SMSF balance is more about sustaining the costs required rather than the balance itself. For a small family, it could be around $300,000, while for bigger families, it could reach more than $500,000. SMSF’s annual costs range approximately $1,650 upwards. when referenced with 1% fees as a precaution, … Read more