Another problem with SMSF pensions??Ive just been reading an...

  1. pauls98
    83 Posts.
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    13/12/08
    16:46
    Post #: 4602728
    Another problem with SMSF pensions??

    Ive just been reading an article which says once you start a pension from your SMSF then you can't get a tax deduction for any personal contributions to your accumulation account AFTER you start the pension for the rest of the year!!!

    I was just about to start my pension but want to make a contribution say in June 2009 so I get a tax deduction.

    Apparently NO NO NO

    Is this true?
    How many more pension minefields are there?
    Any articles on the web that explain this?

    thanks
    paul
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