Double tax on paper gains in property exposes serious flaws in new super tax regime

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.

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?"

Inside the Self Managed Super Fund sector, it is professionals - such as auditors - who are on the front line: They&nbsp;will be dealing with valuations which ultimately determine&nbsp;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&nbsp;Naz&nbsp;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 -&nbsp;Wealth, James Kirby in this episode.
 In today's show, we cover:
<ul>
<li>Valuation bunfights and other realities of the new super tax</li>
<li>Land tax and Division 296 - how two paper gains taxes can be applied to the one property!</li>
<li>Unleashing unrealised gains taxes</li>
<li>&nbsp;Where can I find a 'pension eligibilty calculator?" </li>
</ul>

Every week, The Australian's James Kirby delivers two power-packed episodes featuring in-depth analysis of property markets and smart money-making strategies.

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au. 

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at <a href="mailto:themoneypuzzle@theaustralian.com.au">themoneypuzzle@theaustralian.com.au</a>.&nbsp;

The Australian’s Money Puzzle covers all important finance and property topics.

The Money Puzzle

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au.

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at themoneypuzzle@theaustralian.com.au.

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

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6da05974-e2b9-4610-8388-b35a0037bfbb/transcript