Held: 23 June 2015
Find out the ways in which a Self-Managed Superannuation Fund can change the way you deal with your investment.
Did you know that your contributions to your superannuation fund are taxed at a substantially lower rate than your income? This means that, simply by placing your money into your superannuation fund instead of a savings account, you have already made a stronger investment in your future. Plus, when it comes time for you to draw from your superannuation fund, there will be additional tax breaks available to you.
When planning for your retirement, it’s important to consider the benefits behind your superannuation. Much like a savings account, your superannuation fund will not bring you a comfortable retirement on its own. However, the tax advantages offered by this fund makes it an important resource to consider when working towards long-term wealth.
Transferring a business premise to your SMSF – What you need to know
One of the advantages of self-managed super funds (SMSFs) is the ability to acquire a business real property (BRP), such as a commercial property, a shop or even a farm through your SMSF. The property can then be leased back to a member to use in a business.
General advice warning: The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.