Lindso47, you are correct, the PAYG is payable only on the...

Lindso47, you are correct, the PAYG is payable only on the concessional component, and there is also a 15% tax offset to go with that as well.

If interim financials are prepared, and the earnings up until pension phase is commenced, then i doubt an actuarial certificate would be required.

Probably becoming a bit complicated for most i would think, and best to take the questions over to the accountants.