Superannuation Planning on Sale of a Property

by

Ed.

From www.bantacs.com.au: Investment property sales usually involve careful superannuation planning due to potential capital gains tax liabilities.

Taxpayers can make concessional contributions to superannuation to mitigate these gains, but must be aware of contribution caps, age restrictions, and timing related to property contracts.

Understanding the various types of contributions, their tax implications, and staying under set balance thresholds enables effective retirement planning and the maximisation of tax benefits.

Filed under: Superannuation, Tax - Individuals