Will my annuity income be taxed?
Last updated 01 June 2016
For investments using personal savings (non-super monies), the assessable portion of the income payment may be subject to PAYG withholding tax at the individual’s marginal tax rate.
For superannuation sourced investments only the taxable component of the income payments may be subject to PAYG withholding tax. For specific tax advice, an investor should contact their tax adviser.