Picastoc,
Capital growth becomes income in the year it is realised I think so it doesn't really matter to separate income from capital gain.
It seems that you don't get taxed on "pension account" income and you DONT get taxed on your first ~60k outside of a pension super account if you are a couple.
You didn't know that, which is why it was a valuable question and discussion by all.
Correct me if I am wrong.
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Tax on retirees, page-15
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