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Will there be any change to division 296?
In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Tony Negline, superannuation and financial services leader at Chartered Accountants ANZ, to discuss some of the alternatives to the $3 million super tax.
Mr Negline explains CA ANZ’s range of position on division 296, detailing a range of alternatives that it has proposed to the government, and whether there is any chance that there will be substantial changed to the current form of the legislation.
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Listen as they discuss:
- Some of the criticisms of division 296.
- The likely increase of the transfer balance cap to $2 million.
- What CA ANZ expects to see from the upcoming federal budget.
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