With apparent growing momentum to tax capital gains in SMSF's (as well as other areas) is it correct to assume that if your SMSF is in pension mode, and has a balance less than cap (i.e. circa 1.9 million) then any capital growth is 'locked in' and therefore protected from this insidious notion? I am concerned as the fund holds land assets which are attracting capital gains which in turn will present the fund with crippling liquidity issues requiring liquidating the whole 'nest egg future protection/no burden to taxpayers' concept of the fund. Any specific feedback appreciated. Thanks. And if you can provide links to further details that would also be muchly appreciated.
