manipulation, page-29

Hi booma

I too have a SMSF, and also the best thing I've done.

Your statement

"You pay 15% tax on the way in. All of my share investing/trading is done in the super fund and you dont pay capital gains."

Please Corect me if I am wrong
"DON'T PAY CAPITAL GAINS"
Maybe not if your over 60 with the new ruling (you said you had 18 months to go)
But my understanding and accountants advise
is that at present 15% tax if held under 12 months
and 10% over 12 months, if in a SMSF

Any extra knowledge you may have I would be interested to hear.

Also I am of the understanding that one can transfer shares from a personal trading account to SMSF AND PAY NO 15% tax on the way in and wait till your 60 and pay no tax at all.
I need to consider this as bloooody PDN has now
put me in a position of MEGA tax if I leave it in a personal account.
Only other way I can see to reduce tax in personal account is quit work now and bleed PDN proceeds slowly. (crazy)

TIA

Cheers