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Indexation of Transfer Balance Cap

Indexation of Transfer Balance Cap

Terri Bradford – Morgans The Transfer Balance Cap (TBC) is due to index to $1.7 million from 1 July 2021. If the All GroupsCPI figure is 116.9 or higher for the December qtr 2020 the cap will index. Given the September qtr2020 figure was 116.2, it is highly...