ATO Key Dates for March 2025
The Australian Taxation Office has announced the following key dates to look out for in March 2025. 21 March 31 March Please contact your DFKBKM Representative to review your tax return due date.
Transfer Balance Cap will increase from 1 July 2025
From 1 July 2025, the general transfer balance cap will rise from $1.9m to $2m, enabling superannuation members to access greater tax-free earnings in the retirement phase. The cap, which increased by $100,000, based on the December 2024 quarter CPI figures, determines how much super can be transferred into the tax-free retirement phase. Individuals entering […]
