What is an SMSF - Self Managed Super Fund

An SMSF is a trust that you control for your retirement. It gives you greater flexibility than just about any other financial tool. Through your SMSF, you can invest in any asset in any currency anywhere in the world.

But remember it is a Superannuation Fund, and with that comes a number of obligations that need to be fulfilled.

It also has all of the taxation benefits that legislation provides. While you are still accumulating, your SMSF’s income is taxed at a flat rate of 15%, with capital gains tax being 1/3 less again – at just 10%.

Once you start drawing a pension from your SMSF the tax rate on all income and capital gains is Nil for that pension account.

Note: we call it a “pension” but it has nothing to do with the government age pension. It’s just an income stream paid from the fund.

Invest in any asset, anywhere in the world, with an ultimate tax rate of Nil. That’s an SMSF.