Article written by Sarah Davie
Associate Director & Licensed SMSF Accountant
The big benefits for business owners
So why do so many of our business-owner clients look at this strategy? Here are the major advantages.
Myth 1 – The entire super balance will be taxed
Reality: $3 million super tax applies only to earnings attributable to balances above $3 million.
Myth 2 – SMSFs are being specifically targeted
Reality: The tax applies to individuals regardless of whether their super is held in an SMSF, retail fund or industry fund.
Myth 3 – SMSFs will be forced to sell assets
Reality: Members can pay the tax personally or release funds from super.
Myth 4 – The tax starts immediately
Reality: $3 million super tax applies from 1 July 2026.
Myth 5 – Super is no longer tax effective
Reality: Even with $3 million super tax, superannuation generally remains one of the most tax-efficient investment structures available.
Disclaimer: This article is general information only and does not take into account your personal circumstances. Always seek professional advice before making financial decisions.
Still got questions?
Our highly experienced and local SMSF team can walk you through the process and help you understand
whether a SMSF loan for property is a viable option for you.
Book a Free SMSF Strategy Session with Rogerson Kenny’s SMSF specialists today.
Or call us on (03) 9802 2533 to talk through your options.
*Disclaimer: This article is general information only and does not take into account your personal circumstances. Always seek professional advice before making financial decisions.*
Sarah Davie is an Associate Director and Licensed SMSF Accountant at Rogerson Kenny Business Accountants. She specialises in Self-Managed Super Funds and advises trustees on compliance, strategy and superannuation legislation.
