A growing number of Australians are choosing to manage their own super through a Self-Managed Super Fund or (SMSF). An SMSF is a tax structure, established as a trust, which you control in preparation for your retirement. An SMSF gives you more flexibility than retail or industry funds, giving you the ability to invest in and directly own investments.
There are a number of obligations that need to be fulfilled when one manages their own super however those who purchase assets through a SMSF currently enjoy substantial tax benefits.
While you are still working, accumulating assets and preparing for retirement:
Once you retire or start drawing a “pension” from your SMSF:
When property is owned in our personal name the rental income and capital gains taxes are calculated on the investor’s marginal tax rate: