I have wound myself in knots on this, so seeking help please.
I activated the pension status of my SMSF which has a balance less than 1.6 million cap (say 1.0 mill for convenience). If some cash within this cap gets invested and lets say makes 1.0 million in returns, is tax payable given cap now exceeded, or is all of it tax free etc etc Any advice appreciated
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- TBC and SMSF in pension mode
TBC and SMSF in pension mode
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