There are creative ways that could help you grow your super fund, that you may not have considered. By creating a SMSF you can increase the value of you and your spouses super fund, giving you a larger provision to invest with.
In a challenging property market, many people are choosing to leverage their super to purchase their first property or reduce existing home loans…
Contact us to find out how.
- Have your SMSF take out Life Insurance for you and claim the cost as a deduction.
- Utilise advanced tax strategies that can significantly lower your tax liability.
- Take advantage of the amazing concept where Capital deductions of your SMSF mortgage? Are fully deductible.
- Pay only 10% tax on Capital gains made in your Superfund whilst in the growth stage, and zero tax when you go to Pension stage.
- Increase your funds growth potential y borrowing money to purchase an investment property within your SMSF.
- Transferring a commercial property (such as your business property) into your Self-Managed Superfund without paying stamp duty on the transfer.
- With effective planning methods, Sullivans Accountants can show you how to significantly increase your cash flow for a lifestyle that you deserve for when you retire.
- It may be possible to reduce your home loan by transferring a commercial property or shares from yourself to your Superfund.