SMSF Capital Gains Tax: How it will affect your Investment?
SMSF trustees are in control of their “Super Funds” which they can use to invest assets. However, while this set-up is quite promising, trustees must be aware of how their funds may be affected by Capital Gains Tax (CGT). In this article, we will teach you how it works. What is a Capital Gains Tax? CGT is a tax liability that usually occurs on SMSF property investors, whether SMSF holder or not. It is the fee that you need to pay for any profit that you make from your investment. This profit is known as the capital gain. It is...