TIP Wealth Builders
TIP Wealth Builders
Podcast Description
Join us for the TIP Wealth Builder weekly podcast where we bring you insights, strategies and stories to help you compound your wealth and knowledge. Weather you are a seasoned investor, or just starting out on your wealth building journey, this podcast is designed to inspire, educate and empower you.
Podcast Insights
Content Themes
The podcast delves into wealth building strategies, investment methodologies, and financial education, with episodes exploring topics such as asset allocation, market trends, and investor psychology, aimed at both novice investors and seasoned financial enthusiasts.
Join us for the TIP Wealth Builder weekly podcast where we bring you insights, strategies and stories to help you compound your wealth and knowledge. Whether you are a seasoned investor, or just starting out on your wealth building journey, this podcast is designed to inspire, educate and empower you.
Understanding Division 296 Tax: What High Net Worth SMSF Investors Need to Know
Division 296 tax is an additional 15% tax on earnings attributed to the portion of your superannuation balance over $3 million. On the surface, this may sound straightforward, but the implications for high net worth individuals, particularly those with self-managed super funds (SMSFs), are far more complex.
To unpack the details, we’re joined by Meleena Mitchell, Head of Self-Managed Super Funds at TIP Group. Meleena is a CPA with over 15 years of experience in helping clients navigate the complexities of superannuation. Whether it be starting you self-managed super fund, self-managed super fund, restructuring, annual compliance and lodgment of tax returns, assistance with super strategies, which includes state planning, legislative compliance or self-managed super fund wind up.
If you have a superannuation balance exceeding $3 million, or you’re considering strategic planning around Division 296, this episode offers practical advice that could significantly affect your financial future.
Stay informed. Stay invested. Keep building wealth.
LINKS
Division 296 Tax: What Australia’s $3 Million Superannuation Tax Means for You | TIP Group
https://www.tipgroup.com.au/smsfadmin
CONTACT Meleena Mitchell
0430 082 025
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