$1.6 million transfer balance cap
Increase to Transfer Balance Caps
We are now going to see the first increase to the ‘Transfer Balance Cap’ since the legislation came into effect in July 2017. While the concept […]
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New Reporting Obligations for SMSFs
The ATO has recently announced new reporting obligations for SMSFs as a result of the Transfer Balance Cap (TBC) regime. This will assist the ATO in […]
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The $1.6 million transfer balance cap – what does it mean for you?
The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst those changes was the introduction of a $1.6 million transfer […]
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