From 1 July 2021, the current $1.6m general transfer balance cap (TBC) will increase to $1.7m. Once the TBC is indexed, no single TBC will apply to all individuals, each individual will have a personal TBC that will be between $1.6m - $1.7m. This will require all SMSF professionals to understand how the personal TBC is calculated to avoid excess TBC problems for your clients.
The increase to the TBC will also add another layer of complexity to the preparation and management of SMSFs. Incorrectly applying the TBC for a client can have a permanent impact on the member’ transfer balance account!
The Transfer Balance Cap Indexation Webinar will cover practical examples to help you apply the changes to your client base and ensure your client does not inadvertently trigger and excess transfer balance determination. We also cover the opportunities and strategies these changes can provide for other superannuation cap changes.
12:00pm - 1:15pm AEST
11:30am SA & NT
1.25 PD Hours
Reference notes included
Recording access for 3 months
FPA Accreditation pending
The practical issues to help you apply the TBC indexation change to your client base and, the opportunities and strategies these changes can provide for other superannuation cap changes.
Chloe is a sought after commentator and presenter on superannuation and risk. She has a way of transforming technical considerations into practical and transferable knowledge for professional advisers.
She has over 15 years experience in the wealth and risk sectors, working with accountants and advisers to build their technical skills and refine how they deliver these services to clients.
Chloe is a former Associate Director of an SMSF Administration group before building her knowledge in risk with one of Australia’s leading and largest insurers.
Specialising in superannuation and retirement planning, Chloe is a SMSF Specialist Advisor, holds a Bachelor of Business (Finance), and an Advanced Diploma of Financial Services.
Terms & conditions: All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.
*The office rate applies per office location (maximum number of participants temporarily increased to 20 per office location). The PD points for all attendees will be recognised - multiple links at same location if required. We will contact you for the names of your team once you have registered as an office.
You will need a computer with audio!!