If I set up my own super fund, can I then claim a deduction for the money i put into it?
Say I have shares Worth $200k with cost price of $50 K
I sell make $150k profit less 50% cgt concession = $75 K taxable. I then put $50k of my profit into my own super and get a deduction, then I will taxed only on 25K and still have my money. Does this make any sense to anyone?
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superanuation question?
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