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Double tax on paper gains in property - welcome to the new super tax

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Manage episode 506825517 series 2634896
Content provided by [email protected] and The Australian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and The Australian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Inside the Self Managed Super Fund sector, it is professionals - such as auditors - who are on the front line: They will be dealing with valuations which ultimately determine whether or not investors will be hit with the new super tax.

One of the leading voices in the campaign against the new super tax is auditor Naz Randeria, here she lays out the faults of the new super tax regime and reveals how - if you are unlucky enough - you could end up paying unrealised gains tax twice over on a property held inside an SMSF.

Naz Randeria of Reliance Auditing Services joins Associate Editor - Wealth, James Kirby in this episode.

In today's show, we cover:

  • Valuation bunfights and other realities of the new super tax
  • Land tax and Division 296 - how two paper gains taxes can be applied to the one property!
  • Unleashing unrealised gains taxes
  • Where can I find a 'pension eligibilty calculator?"

See omnystudio.com/listener for privacy information.

  continue reading

556 episodes

Artwork
iconShare
 
Manage episode 506825517 series 2634896
Content provided by [email protected] and The Australian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and The Australian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Inside the Self Managed Super Fund sector, it is professionals - such as auditors - who are on the front line: They will be dealing with valuations which ultimately determine whether or not investors will be hit with the new super tax.

One of the leading voices in the campaign against the new super tax is auditor Naz Randeria, here she lays out the faults of the new super tax regime and reveals how - if you are unlucky enough - you could end up paying unrealised gains tax twice over on a property held inside an SMSF.

Naz Randeria of Reliance Auditing Services joins Associate Editor - Wealth, James Kirby in this episode.

In today's show, we cover:

  • Valuation bunfights and other realities of the new super tax
  • Land tax and Division 296 - how two paper gains taxes can be applied to the one property!
  • Unleashing unrealised gains taxes
  • Where can I find a 'pension eligibilty calculator?"

See omnystudio.com/listener for privacy information.

  continue reading

556 episodes

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