SMSF Basics – Some Pros of Self-Managed Super (SMSF)

Pros of Self-Managed Super ( SMSF )

Pros of SMSF

Self-Managed super has several Pros, the reasons many are setting them up.

–    Control over investments

–    Flexibility of investment timing

–    Choice of investment spread

–    Protection from bankruptcy and other legal claims (most cases)

–    Low-tax saving environment

      eg. Dividend $100 Franked you receive (ie Company Tax of 30% paid)
      this means $142 less 30% Co. the tax paid is ($42)  leaves $100 to you (rounded)
      so at tax time means (rounded):
 
Life Stage                             Outside SMSF (your MTRate)           Inside SMSF (15% tax)
Work, MTR 30%                    Pay no extra tax > $nil extra              Credit 15% > $21 back
Work, MTR 45%                    Pay 15% tax > $21 pay                       Credit 15% > $21 back
Pension 0% (over 60)          May affect aged pension ?%                Cr 30% $42 back, Tax 0%
Advertisements

About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit will SET UP your SMSF and provide investment education for a better result. We take care of all your administration, accounting, ATO lodgement and audit of SMSFs, working with you and your advisors. If you want advice we can arrange one of our recommended advisors and accountants to meet with you, as we do not give advice, but take instruction only. Take control of your super, including property shares and other assets. Learn how to be your own advisor - make better decisions - by being mentored and coached to invest your own super wisely and strategically by qualified partners. Book to come to an event to find out more, or - Call us 0407 361 596, no obligation FREE strategy call.
This entry was posted in SMSF Basics - all to know and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s