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Work test changes open up TBC strategies for couples

The contribution changes coming in on 1 July will provide more time for spouses in SMSFs to even up their balances and maximise their transfer balance cap, according to an advisory firm.

Work test changes open up TBC strategies for couples
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Work test changes open up TBC strategies for couples

Speaking at a recent event, HLB Mann Judd wealth management partner Michael Hutton said the removal of the work test for non-concessional contributions from July would open a huge raft of opportunities for SMSFs.

Read more at SMSF Adviser

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