Woody, our SMSF was in retirement mode so minimal tax on income ,fairly complex area , but generally tax is levied on any funds in accumulation phase , once rolled into retirement 60 yrs old + then no tax.Had ours with a super fund managerment compnay, they did all that , we had to pay for tax return, and audit annually.
Woody, our SMSF was in retirement mode so minimal tax on income...
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