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27/9 Hoyle Avenue Castle Hill NSW 2154

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SMSF

As you may be aware, there has been a strong trend of opening Self Managed Super Funds (SMSF) in Australia. Along with SMSF, there is evidence of holding precious metals (gold and silver) bullion or allowable valuable collectibles within them as part of a more balanced Super portfolio. While a preferred option for many, SMSF does come with its own set of rules and conditions for compliance.

SMSF rules (SIS Regulations) apply to collectibles such as art and jewellery. They also deem bullion coins in your SMSF to be ‘collectibles’ (and therefore subject to SIS Regulation 13.18AA) which relevantly requires them to beindependently stored in a secure storage facility.

If you are a Trustee for your Self-Managed Superannuation Fund (SMSF), you may be already aware of your increasing obligations when managing your SMSF’s investments; be it gold bullion, silver bullion, fine art, antiques, collectibles or diamonds. Here’s an overview of these conditions.

  • Confirmation the asset is stored securely and not available for personal use by the members
  • Confirmation that the asset(s) are insured for the correct value
  • Insurance certificate to verify the assets are insured within 7 days of purchase
  • Inventory listing of the type(s) and quantities held
  • Accurate market valuation as of June 30

At Kuber Vaults, we offer you a complete package of services with regard to gold and silver bullion. SMSFs can get access to gold and silver bullion bars and coins through our partners, have it securely transferred direct to Kuber Vaults and then stored in your safety deposit box.

In addition, we can also organise auditing services and cost-effective insurance to enable you to annually report your SMSF.

Frequently asked questions

WHY DO I NEED A SAFETY DEPOSIT BOX?

A safety deposit box is a safe and convenient place to store important items that would be difficult or impossible to replace. The safety deposit box also offers privacy and security. While many people like to keep valuables close by in a closet at home or in an office, these places probably are not as resistant to fire, water and theft.

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WHY SHOULD I HAVE A SAFETY DEPOSIT BOX WITH KUBER VAULTS?

Kuber Vaults offers a premium service, with free access to your safe deposit box 7 days a week. Unlike other providers, we are located in the Hills area and ideal for customers living in western Sydney.

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WHAT ITEMS SHOULD GO INTO A SAFETY DEPOSIT BOX?

Important papers such as; originals of your insurance policy, birth/marriage/death certificates, original deeds/mortgage contracts. Other valuables such as special jewels, medals and collectable items, irreplaceable photos, video or pictures of your home contents for insurance purposes.

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WHEN CAN I ACCESS MY PERSONAL SAFETY DEPOSIT BOX?

A customer may access their safety deposit box during the business hours of operation which are 9.00 am – 5.00 pm Monday to Friday and 10.30 am to 3.00 pm on Saturday, Sunday and public holidays.

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Testimonials

Great concept - safety and convenience at a good price.
Access your valuables when you need them not
when you can get up to the city.

Good location!! No need to go to the city.
Something near home...

Super secure! Friendly staff!
Highly recommended!!

It’s what Sydney has needed for a long time...
a safety deposit box to store your valuables.

Very fortunate to have this great service in the Hills!

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