“When you're comparing the SMSF, it's 15% tax when you're at accumulation phase. And then, you know, when you sell the property, especially if it's in your retirement phase, then you pay $0.”
Ruby Hurt · Geared for Growth Property Investing Podcast · Ep. 357: How Australians Are Using SMSFs to Build Wealth, with Ruby He
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What was described
explains SMSF tax rates: 15% tax in accumulation phase and 0% tax on property sale in retirement phase
15% tax, 0% tax
Said nearby on the same subject
“At the moment, you can have up to $2.1 million in the working phase of superannuation, which is called the accumulation phase. And when you stop working, you can transfer that up to $2.1 million per person over to the very generous tax-free phase of super”
“What saved me right now with the sales tax and stuff, I use, yeah, tools. You said Davo? Davo, yeah. Yeah, Davo. I use Davo and they help me do my, they help me with my sales tax.”