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Emerging notion of Taxing of Capital Gains in Super Funds, page-14

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Quantum Torus

30,129 Posts.

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31/05/25

16:05

Post #: 79264022
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Originally posted by sholtz: ↑

The transfer balance cap goes to $2m as of 1st July.
My understanding is that in pension phase you will be tax free for the $2m, 15% tax on earnings from the next $1m and then 30% on earnings above the $3m.

Then they will apply 15% tax to any paper profits, let’s assume this gets through and they date it from 1st July 2025. If you have a $4m valuation at that record date then $4.2m valuation at 30 June 2026 you will pay additional 15% on the $200k paper profit.

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I'm glad that I don't have these first world problems.
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