There is a ‘political hot potato’ that the government has currently put on hold for the time being – the capital gains tax-free status of superannuation funds in pension phase.
Self- funded retirees should be very concerned about the governments’ interest in this area, and which has only been amplified since the introduction of legislation allowing SMSFs capacity to borrow and invest in property.
With the continuing rapid growth of SMSFs in Australia, and the governments’ potential for huge losses in capital gains taxes on property investments, this ‘political hot potato’ will remain hot.
Read the article below, but more importantly always seek professional advice before investing in property inside a SMSF.
February 2, 2017
January 30, 2017
January 27, 2017
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