This course is designed to show participants how to set up and manage a DIY super fund. Contents include:
- How to setup a DIY super fund
- The technical rules you need to comply with
- Advantages and risks of running your own super fund
- Super contribution rules
- How super funds are taxed during the accumulation phase
- The investment rules you must comply with; what you can and cannot do
- Borrowing to buy a commercial and residential property with your super
- Transferring or selling a commercial property to your super fund
- The tax free benefits you gain when you super fund converts to the pension phase
- Transition to retirement pensions
- Account based pensions (allocated pensions)
- Paying yourself a tax free distribution when you retire
This course covers all the new super rules as brought in by the federal government effective July 1, 2017.