What tax is payable in the Fund?
The following section outlines the tax is payable on income earned on your investments in the fund.
Tax treatment of income earned on Fund assets
Superannuation assets
The table below generally describes the taxation of assets held in your super account.
| Point of tax | Rate of tax |
|---|---|
| Investment earnings | 15% |
| Realised capital gains: | |
held for 12 months or less | 15% |
held for longer than 12 months | 10%1 |
1 This is the net effective tax rate taking into account the 331/3% CGT discount available on such gains.
Pension assets
The table below generally describes the taxation of assets held in your pension account.
| Point of tax | Rate of tax |
|---|---|
| Investment earnings | Nil |
| Realised capital gains: | |
held for 12 months or less | Nil |
held for longer than 12 months | Nil |
Part A of the Avenue Retirement Service PDS