Capital gains tax

Can you tell me the CGT situation on an asset purchased in a SMSF during the accumulation phase and then sold during the pension phase?

I will be 56 and taking an income stream from my SMSF shortly.

I know the SMSF earnings are not subject to tax during pension phase but does this also apply to capital gains?

A: Yes it does.


As the tax rate is 0% on income from assets supporting the payment of a pension, there shouldn’t be any capital gains tax to pay on an asset bought in accumulation phase, and sold in pension phase.



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