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In this new ep, Troy breaks down why uneven super balances can create a major tax problem for couples, especially with the new Division 296 rules coming in.

This episode covers:

◼️ the tax trap of lopsided balances

◼️ why equalising matters under the $3M threshold

◼️ how contribution splitting works inside an SMSF

Timestamps:

0:00:00 - Introduction

00:00:31 - The Problem with Lopsided Super Balances

00:01:15 - Tax Implications of Individual Super Balances

00:02:21 - Introduction to Division 296 Tax

00:03:26 - Importance of Equalising Super Balances

00:03:37 - Mechanics of Contribution Splitting

00:04:52 - Benefits of Using an SMSF for Contribution Splitting

00:05:03 - Long-term Benefits of the Spouse Split Strategy

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DISCLAIMER

This content is for educational and coaching purposes only. This is not personal financial or legal advice. SMSF rules are complex and individual circumstances vary significantly. Before making any investment or structural decisions, consult with a qualified financial advisor and SMSF accountant tailored to your specific situation. Improper SMSF management can result in significant penalties and loss of concessional tax treatment.