Posted on Jan 21, 2021

Tax Accounting Adelaide

Some reasons Self Managed Super Funds can make your retirement better are :

• tax rate on Super is only 15%, so it makes a low tax environment for income
• in pension phase (when you stop working in employment or business) there is no tax on income of the SMSF
• when you own some shares, franking credits obtained are worth more when taxed less in Super of only 15%. Depending on your circumstances you can get partial or full refunds of the franking credit.
• no capital gain tax when retired, in fact no tax on super income when retired.
• you can truly diversify the portfolio with property, unique investments, financial instrument and cash investments in one super unlike the industry or retail fund
• ability to leverage or borrow to buy a property or business premises, talk to us about owning your business premises this way…
• more control over your investments suit your risk profile better
• it can create a lump sum to contribute to buy another property in SMSF when you can no longer do outside of super in personal situation
Talk to us about building your property portfolio whether in or outside a SMSF if for you on 83374460.
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