Hi there and thanks in advance. I am just going through a divorce and the final paperwork (all done via a Lawyer) will be presented in court over the next couple of weeks, which contains a mutually agreed Separation Agreement and the Divorce itself, all signed. As part of the agreed settlement, I will be receiving $45,000 into my superannuation (Virgin Money Super) from my ex Wife's Superannuation (GESB), but have been told that because hers is a Government Superannuation, I will be paying 15% tax. Is this correct, help!! :)
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708 views
3 replies