In Pension splitting, the Pensioner (you) amount i...
TonyC11
Level 5

Seniors and students

In Pension splitting, the Pensioner (you) amount is a deduction from income. Your Net Income and Taxable Oncome are reduced by your split amount.

Your partner (Transferee) receives the amount right into their Total Income.

Note also that a proportion of the tax paid on the Pension also gets transferred from you to your  partners tax paid.

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