Blog & Resources

Transfer Balance Cap Increased

For the 2024 financial year, the transfer balance cap in peoples Superannuation Funds will be increased by $200,000 from $1.7 million to $1.9 million.

Effectively providing a retired couple tax free earnings on $3.8 million worth of investments.

Please contact our office should you wish to discuss further.

McNamara & Company - Chartered Accountants, located minutes from the Melbourne CBD
Phone +61 3 9428 1062

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