I am in the process of transferring my neuren shares (which I have held for longer than one year) into my Self Managed Super Fund . I'm doing this to avoid paying a shed load of cgt if the anticipated big increase in price occurs. I have therefore locked in a CGT liability on the day I transferred (which is acceptable) I intend to enter pension phase next year . My accountant says any future profit on these shares in the super acc will therefore be tax free . Does this logic make sense . I have tried reading the ATO rules about transitioning into pension phase but have given it up . as a hopeless task What am I missing if anything ? thanks in advance
NEU Price at posting:
$21.64 Sentiment: Hold Disclosure: Held
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