TAX & TAX STRATEGIES

Tax Strategies

Super Initiatives has numerous tax reductions strategies to help clients minimise their tax including:

  • Moving from accumulation to pension phase
  • Sale of assets – CGT timing and holding asset on the correct account
  • Maximising franking credits in pension phase
  • Salary sacrifice to reduce personal tax
  • Allocation of concessional vs non-concessional contributions
  • Negative gearing in SMSF
  • Re-contribution strategies

Tax

SMSF Tax Rates Summary

TaxRatesimage

Each SMSF must lodge its income tax return following the end of the financial year as follows;

• 1st year after establishment – 28th February

• 2nd and subsequent years – 15th May

FOR MORE INFORMATION ON SMSF TAX AND STRATEGIES, CLICK HERE