There’s been so much discussion around Super policy lately – but it’s likely there will be changes around the edges before the current proposals become law in 2017. In the meantime, we have to look at the stated policy. One area that needs extreme care is Capital Gains Tax. There is no tax in Pension phase. If, however, assets over $1,600,000 are allocated to accumulation phase, Capital Gains Tax will be payable on those assets in the future. Will the base line be the time of allocation or the original purchase price? Who knows? Don’t delay if you’re looking at the advantages of buying a property in a Self Managed Super Fund. The earlier you have the property in the fund and properly allocated, the better for future tax-free capital gains and income. Call your advisor now! And let us help you find that property…