Course Summary

Setting up a DIY super fund has significant benefits if you run your own business or have an existing super fund with a balance in excess of $250,000. You can choose your own investments, your fund can own your business premises and you can pay yourself a tax free pension when you retire. Join CPA, tax expert and author Jim Prince for an informative session.

Course Sessions

Monday, 24th February - 1 class


Session ID SKW82101C
24 Feb - 24 Feb 9:30am - 4:30pm
Location CAE
Session Fees
$209 / $199 (conc)
Teacher
Jim Prince

Monday, 18th May - 1 class


Session ID SKW82102C
18 May - 18 May 9:30am - 4:30pm
Location CAE
Session Fees
$209 / $199 (conc)
Teacher
Jim Prince

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.

Tutor Jim Price will provide critical about setting up and running a DIY Super Fund.

Jim is a fellow of CPA Australia and a tax specialist. He is a former lecturer and tutor in income tax law at la Trobe University, and teaches a number of wealth creation courses for the CAE. He has authored several books including Tax for Australian for Dummies, Shares and Superannuation and Taxation. IN 2000 Jim was nominated for an Adult Learners Week 2000 outstanding tutor award.

Last updated: December 11, 2019 12:42pm