SMSF Lite ensures tax management is calculated based on a fund's entire activities, not just those of investments held in an external portfolio service.

Additionally, SMSF Lite automatically adjusts for the impact of Exempt Current Pension Income, ensuring income tax projections are not overstated.

Capital Gains calculations ensure losses are optimally applied in order to preserve available CGT Discounts. In addition, while CGT parcel selection is designed to optimise tax outcomes, Users retain the flexibility to select from the following CGT parcel selection methods:  
 

• maximise loss (minimise gain),
• minimise gain (minimise loss),
• first in first out (FIFO)
• last in last out (LIFO)