Over 30 years of accounting excellence

  • 03 6224 6400
  • Level 1/105 Macquarie St, Hobart
  • Mon - Fri: 9am - 5pm
    • February

      25

      2018
    • 2686
    • 0

    Pension – Transfer Balance Cap (New in 2018)

    $1.6 million transfer balance cap A transfer balance cap was introduced as part of the 2016 Budget to limit the maximum tax-free pension balance for each superfund member. The amount of the cap will start at $1.6 million[1] effective from 1 July 2017.  Changes in account balance, due to changes in valuations or investment return, have

REQUEST A CALLBACK

Leave us a message, our friendly team will be glad to assist you.

LEAVE A MESSAGE
Latest Posts
Most Viewed
© Copyright 2024 Macquarie Accounting. All rights reserved. ABN 99 009 575 204
Liability limited by a scheme approved under Professional Standards Legislation.