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Financial Happenings Blog
Tuesday, April 07 2009
In a recent article published in Alan Kohler's Eureka Report, Scott discusses how a change in the way PAYG tax is calculated and levied offers some relief for DIY funds.
There is no change to the end amount of tax paid. However, for investors who "benefit" from this rule change, at least it will decrease your ongoing tax payments. To put it another way, you get to keep assets and cash in your DIY fund for longer, allowing the possibility that market values may improve before you are hit with another tax bill.
To take a look at the full article please click on the following link - DIY funds get a little good news.
Posted by: AT 03:40 am   |  Permalink   |  Email
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