I am well aware that for those who have a super fund that contain contributions made whilst on a WHV, the tax rate for the entire fund will be at 65%.
I also understand however that if the fund only contains contributions whilst on a 482 visa for example, then the DASP tax rate will be lower, at 35%.
I currently have two supers. Fund 1 has a combination of the above and Fund 2 is purely made up of payments whilst on my 482 visa.
What I want to know is whether it is possible to partially transfer the non-WHV payments from fund 1 into fund 2, resulting in the second fund being exclusively made up of contributions made whilst on the 482.
My thinking here is that it would then allow for the total amount in fund 2 to be taxed at the lower DASP rate of 35%.
It should be quite clear what I’m trying to achieve here. I want to have the least amount of my super taxed at the higher rate, allowing me to take as much cash with me to put back into my pension in the UK.
Hope that all makes sense! Advice would be greatly appreciated.