Search Results | Showing 1 - 10 of 65 results for "Transfer Balance Cap" |
| | | Following the release of the Consumer Price Index (CPI) figures this week, the superannuation transfer balance cap (TBC) will increase on July 1. Australian Bureau of Statistics (ABS) data showed CPI rose to 3.8% in the 12 months to December 2025, up ... |
| | | | ... will be indexed to CPI. For the $3 million threshold this will occur in increments of $150,000, as with the Transfer Balance Cap. For the $10 million threshold, this will be in $500,000 increments. Treasury made clear the changes will not capture anyone ... |
| | | | ... the rollover, and the amount rolled over cannot cause the receiving fund's balance to then breach the transfer balance cap. "This is all about choice; allowing couples to manage their collective retirement savings to reflect their collective choices ... |
| | | | ... account' or even the 'actuarial value' of their pension. It's whatever was reported back in 2017 for their transfer balance cap. "Ever since, the same amount has been recorded for that pension in their total super balance. Conceptually this doesn't make ... |
| | | | While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ... |
| | | | ... related to superannuation contributions and home ownership issues, whereas over one in 10 related to the transfer balance cap, means testing or TPD benefit tax issues. Similarly, one in 10 queries received involved dealing with a death benefit, treatment ... |
| | | | ... balance purposes and incur adverse outcomes for some; it could result in a net increase which could cause their transfer balance cap to be exceeded, resulting in additional taxation or requiring them to commute funds held elsewhere, sometimes both. Treasury ... |
| | | | The government is progressing legislative amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation ... |
| | | | ... year. Investment Trends' SMSF Adviser Report found that new policy proposals, including indexation of the transfer balance cap and the $3 million cap present a variety of engagement opportunities for financial advisers. On average, SMSF advisers ... |
| | | | New policy proposals, including indexation of the transfer balance cap and the $3 million cap present a variety of engagement opportunities for SMSF advisers, according to Investment Trends' latest report. The 18th annual edition of the 2023 SMSF Adviser ... |
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