Worth seeking advice, however on face value this doesn't sound like a beneficial move.
Setting up a SMSF would be beneficial to buy new holdings with existing super monies. 'Transferring' from you to SMSF will just create tax events and preserve funds.
It may be possibly beneficial in circumstances where someone already meets condition of release and SMSF can be income stream phase... otherwise your paying CGT now to then potentially pay another 15% later and have the money preserved in super. You may save 10% tax on gains, but then it's locked in super... Again depends on age.
General Comments / Chat, page-3542
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Last
$1.77 |
Change
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Mkt cap ! $300.6M | |||
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