WombatAs you are under 60 your pension is subject to 15% PAYG...

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    Wombat

    As you are under 60 your pension is subject to 15% PAYG tax.

    All earnings of your fund POST being in pension mode are tax free. So if you sold the shares after the pension commenced, you may ignore any tax on the capital gain.

    If you commuted to pension mode during the year, then 15% tax is payable on the earnings whilst the fund was in accumulation mode. If this is the case, your accountant will obtain an actuarial certificate to determine the funds taxable / tax free % for the year.
 
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