The $1.6 million transfer balance cap – what does it mean for you?

The $1.6 Million Transfer Balance Cap in Australia Explained by Self Managed Super Fund Auditor

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 balance cap which limits the tax exemption for assets funding superannuation pensions.

Download the $1.6 million transfer balance cap article (PDF, 116Kb)