A company is a separate legal entity owned by shareholders and managed by directors, offering limited liability to its owners. A trust, on the other hand, holds assets for beneficiaries and is managed by trustees, providing potential tax advantages and asset protection strategies.

While regular superannuation funds are managed by financial institutions, an SMSF allows you to directly control how your retirement savings are invested. It offers more flexibility but requires careful management and compliance with ATO rules.

Registering a company with ASIC typically takes 1 to 3 business days, provided all documentation is correct. Budgetwise Accountants ensures your registration is smooth by handling the entire process from start to finish.

Yes, changing your structure is possible but can involve legal, tax, and financial implications. We recommend you have a proper consultation to evaluate if restructuring will benefit your business.

SMSFs are subject to strict ATO regulations, including annual financial reporting, tax returns, and independent audits. We help you manage these requirements to keep your SMSF compliant and running smoothly.

Yes, we provide end-to-end compliance services, including lodgements, audits, and ATO reporting, so you can focus on your investments without worrying about the administrative burden.