How are self managed superfunds taxed?
As with other other superannuation funds, concessional contributions to self managed superfund and earnings of self managed superfund are taxed at 15 per cent. Capital gains realised on assets held for less than 12 months are taxed at 15 per cent. Capital gains realised on assets held for 12 months or more are taxed at 10 per cent. When you are in pension phase (fund assets are held solely for the purpose of paying a current pension), all income earned and realised capital gains are exempt from tax within the superfund.
