Multiphase inverters are usually used to enhance the output power level of inductive power transfer system. However, inconsistencies in the input dc voltage, switch parameters or circuit layout may lead to large circulating currents, thereby reducing the system power level. Therefore, an effective current balancing method is needed to solve this problem. This paper proposes a current balancing method for inductive power transfer system. By dividing the compensating capacitor on the primary side into multiple sections and connecting them to the multiphase branches, circulating current can be effectively suppressed. Compared with the existing methods, the proposed method requires no additional devices or control strategies and effectively blocks the dc component of the circulating current. Simulation results of an inverter with four-phase half-bridge parallel topology are derived to validate the effectiveness of the proposed method.