Seminar: Transfer SMSF wealth to next generation, without paying tax
When: 30th August 2011 Tue at 6 PM
Where: The log Cabin, Memorial Drive, Penrith
Cost: $65 Incl. GST (Tax Deductible)
Includes 3 course Meal
How to Book: www.trustdeed.com.au/seminar
EVENT: CPA Nepean Accountants Discussion Group
SEMINAR "SOLD OUT" - ONLY 3 SEATS LEFT
Click here to learn how to commence a pension in a SMSF
ATO has issued a draft ruling on 12th July 2011, this ruling outlines "when a pension commences and ceases" in a self managed super fund. The effect of this ruling is that once the pensioner dies, all the assets supporting the pension move back to accumulation phase.
Once assets move to accumulation phase, all income earned by these assets are taxed at 15% and if sold, to pay a lump sum to adult children, subject to capital gain tax. Further, any death benefit lump sums paid to adult children (over 25 years old) are taxed to them at 16.5% Including Medicare Levy.
Click here to update your SMSF Trust Deed
Imagine your $1M SMSF on death will pay 15% Capital Gain Tax and your kids will pay another 16.5% on the balance or about $290,250 tax will be paid from your inheritance.
Click here to learn how your SMSF can borrow
Fortunately, there are cutting edge advanced SMSF Strategies which you can implement to mitigate this tax. Our Superannuation Technical Director, Mr. Manoj Abichandani SMSF Specialist Advisor, SMSF Specialist Auditor, will be presenting these strategies on 30th August 2011 at 6 PM at Penrith, should you want to book, please visit www.trustdeed.com.au/seminar.
The fee to attend is $65 Incl. GST, Includes a 3 course Meal
SEMINAR "SOLD OUT"
THERE ARE ONLY 3 SIDE SEATS LEFT - BOOK AS SOON AS YOU CAN
