Separately Managed Accounts (SMAs) can offer many different tax advantages when investing in direct shares.
SMAs often offer a customisable alternative to a unit trust structure, allowing for individual tax packaging and easily managed tax consequences regarding CGT matters. SMAs also offer real time reporting, and as a result, reduced administration at tax time.
Some of the key tax benefits of investing in a SMA can be found here
For more information regarding investing in a SMA Direct Share Service, please email firstname.lastname@example.org for more details, or phone our Client Services Centre on 08 9379 3555