Treatment of capital gains and losses for an unsegregated fund

This is one of the more common questions we get asked and seemed like a good topic for our blog. We present you with simple diagram that should assist you with understanding the current legislation. Please note that this diagram disregards the impact of any proposed changes announced by the Federal Government on 5 April 2013.

Treatment of capital gains & losses for an unsegregated fund

*** Capital losses recorded before the fund converts to a 100% pension phase are crystalised and available for future use.

About the author

Naz Randeria is the Founder and Managing Director of Reliance Auditing Services. With more than 25 years’ experience in audit and accounting, Naz is an ASIC registered SMSF Auditor, SMSF Specialist Auditor, Registered Company Auditor, and Chartered Accountant.

She is actively involved in the SMSF audit sector and is passionate about sharing audit, compliance and SMSF knowledge with clients, professional colleagues and the wider public.

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DISCLAIMER: This information is an interpretation of rules, regulations and standards. It should not be considered as general or specific advice and neither purports, nor is intended to be advice on any particular matter. No responsibility can be accepted for those who act on the contents of this publication without first obtaining specific advice. Liability limited by a scheme approved under Professional Standards Legislation.