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Showing 61 - 65 of 65 results for "Transfer Balance Cap"

AIST wants higher concessional cap for older workers

DARREN SNYDER  |  MONDAY, 10 OCT 2016
... working life. AIST's submission will also raise concerns about the administration of the proposed $1.6 million transfer balance cap. "While AIST supports the principle behind this cap - i.e. to limit the extent to which tax free benefits of retirement ...

Next wave of super legislation rolls in

DARREN SNYDER  |  WEDNESDAY, 28 SEP 2016
... draft legislation yesterday. Among the second tranche of legislation are plans to implement the $1.6 million transfer balance cap, limiting the amount an individual can hold in the tax-free retirement phase. Also in the amendments are plans to lower ...

$500,000 non-concessional cap scratched

DARREN SNYDER  |  THURSDAY, 15 SEP 2016
... make non-concessional (after tax) contributions from 1 July 2017. This limit will be tied and indexed to the transfer balance cap," he said. "This ensures that we focus the entitlement for after tax contributions to those Australians who have an aspiration ...

Australia joining global retirement focus: Challenger

DARREN SNYDER  |  FRIDAY, 20 MAY 2016
... have to change," Benari said. "You can look at changes to super in the budget, including the $1.6 million transfer balance cap, and see that they are consistent with this newly articulated purpose of super. Equally important in the budget is the second ...

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... non-concessional contributions cap of $500,000 has also been established. In his budget speech Morrison said the transfer balance cap, lifetime non-concessional cap and the 30% contributions tax for those on high incomes will each affect less than 1% ...
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