Division 293 Additional 15% Super Tax Calculator
Models the additional 15% tax on concessional super contributions for high-income earners under Division 293 ITAA 1997. The threshold is $250,000.00 of combined income.
Inputs
Result
- Taxable income
- $260,000.00
- + Reportable fringe benefits
- $0.00
- + Net investment loss
- $0.00
- + Net financial investment loss
- $0.00
- + Low-tax (within-cap) concessional
- $30,000.00
- Combined Division 293 income
- $290,000.00
- Threshold (FY 2025–26)
- $250,000.00
- Amount over threshold
- $40,000.00
- Taxable contributions
- $30,000.00
- Division 293 tax (15%)
- $4,500.00
You're over the $250,000.00 threshold. Div 293 adds 15% to $30,000.00 of your within-cap concessional contributions — on top of the 15% already withheld inside the fund. Effective rate on those contributions: 30%.
Frequently asked questions
What is Division 293?+
An additional 15% tax on concessional super contributions for high-income earners. It is assessed by the ATO separately from your income tax assessment (ITAA 1997 Div 293).
What income counts toward the $250,000 threshold?+
'Division 293 income' = taxable income (before any super-related deductions) + reportable fringe benefits + net financial investment loss + net rental property loss + amounts on which family trust distribution tax has been paid + super lump sums taxed at 0%. Then add your concessional contributions (low-tax contributions) on top.
How do I pay it?+
You can pay from your own funds, or elect to release the amount from your super fund via a release authority issued by the ATO.
Not financial or tax advice. Educational estimate under Division 293 ITAA 1997 ss 293-1, 293-15, 293-20. The ATO issues a Division 293 assessment separately from your income tax assessment. A release authority lets you pay the liability from super. Excess concessional contributions are separately taxed at your marginal rate (less a 15% offset) and are NOT subject to Div 293 — they're excluded above. Verify with a registered tax agent or financial adviser before relying on these figures.