An individual’s TSB is the sum of their accumulation-phase and retirement-phase interests across all of their superannuation funds. It is measured and determined annually at 30 June, based on relevant asset values supporting accumulation and retirement-phase interests at that date.
- Non-concessional contributions cap
- Concessional contributions cap
- Market value versus net market value
- Limited recourse borrowing arrangements
- Disregarded small fund assets
Transfer balance cap
- Structured settlement contributions
- Commutation documentation
- Market-linked income streams
- Exempt current pension income
- Transition to retirement income streams
- Death benefit pensions
- PAYG withholding obligations
The paper is available to view here.
Peter is a member of the ATO's NTLG Superannuation Technical Sub-Group, the ATO's Superstream working group and the ATO's SMSF Stronger Super working group. As a regular public speaker at industry conferences, Peter has established himself as an authority in the field of SMSF technical advice and education. He has also published a number of articles and accredited training material on the subject of SMSFs and is an adjunct lecturer with the University of Adelaide.