Personal Shares In Super - Can It Be Done?

March 2016

Clients with a Self Managed Super Fund (SMSF) often hold shares in their own name outside the fund. But would you be better off if they were inside your fund?

Listed shares held personally can be transferred to a SMSF of which you are a member. 

They are one of a few items that can be purchased from members.

This can help build up the member's super balance and minimise tax on the dividends and future capital gains.

There is also no stamp duty on listed securities. but CGT may apply. 

Obviously, certain superannuation rules apply including contribution limits. You would also need to consider the fact that there will be restrictions on accessing these funds.

However, depending on your circumstances, there can be significant advantages to this strategy.

Topics: Shares, Income, Superannuation, Money

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