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Inside a super fund in a pension account - no Inside a super...

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pintohoo

22,701 Posts.

9

04/04/18

22:39

Post #: 32226964
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Originally posted by BenGrahamReborn ↑

Folks,

If you have a high level of savings (eg 1,000,000) external to your house you will likely invest it in shares, term deposits etc.

Let's say you make 60k in one year on your investments.

Do you pay income tax?

Sorry if this is obvious/irritating.

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Inside a super fund in a pension account - no

Inside a super fund in an accumulation account - yes

Outside a fund - yes
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