Concessional fund tax rate

The taxable income of a complying SMSF is generally taxed at 15%. Non-complying funds can lose access to concessional treatment.

SMSF capital gains discount

A complying SMSF may receive a one-third CGT discount when an eligible asset has been held for at least 12 months.

Retirement-phase income

Some or all investment income supporting a qualifying retirement-phase income stream may be exempt from tax, subject to the applicable pension and transfer-balance rules.

Investment-related deductions

Eligible interest and expenses incurred in earning the fund’s assessable income may be deductible. Personal, capital or non-compliant expenses are not treated the same way.

Existing residential LRBAs

Residential LRBAs and qualifying purchase contracts established before 10 August 2026 may be grandfathered. Refinancing may remain possible where the new arrangement satisfies the transitional rules.