Division 293 Tax Calculator 2026-27

Division 293 is an extra tax on concessional super contributions. It applies when your Division 293 income plus those low-tax contributions is more than $250,000. The rate is 15%. It sits on top of the usual 15% contributions tax inside the fund. The ATO issues a separate assessment after it has your tax return and the contribution reports from your funds.

Add Division 293 income to your low-tax concessional contributions. If that total is over $250,000, the taxable amount is the smaller of those contributions and the dollars above the threshold. Multiply that smaller figure by 15%. The ATO’s published Jan example is income $240,000 plus contributions $15,000. The excess is $5,000, so the tax is $750.

The ATO uses the same starting list as income for the Medicare levy surcharge, but it leaves out reportable super contributions. Those contributions are added later as the low-tax amount. The listed items are taxable income, reportable fringe benefits, net financial investment loss, net rental property loss, and any family-trust distribution tax. An assessable first home super saver release and certain super lump sums taxed at a zero rate are taken off because they already sit in taxable income.

Employer Super Guarantee, salary-sacrifice amounts, and personal contributions you deduct are the usual items. Defined-benefit notional amounts reported by a fund also count. Excess concessional contributions are left out because they are already taxed under the excess-concessional rules. If you use unused concessional cap from earlier years, the extra amount that still fits inside the higher cap is counted.

No. The ATO table still shows $250,000 from 2017–18 onwards, including 2026-27. The threshold is not indexed each year. As at 2026-11-01 there is no Bill before Parliament to change that figure or the 15% rate. This page therefore uses only the enacted settings.

No. Division 296 is a different tax on a share of super earnings once a total super balance is above the large-balance thresholds (from 1 July 2026). It is now law under the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026. This calculator does not estimate Division 296. Division 293 is only about concessional contributions and the $250,000 combined-income test.

The ATO can take payment from your own money or, for accumulation accounts, from a release of super if you elect. Defined-benefit amounts are usually deferred in an ATO debt account until an end benefit is paid; interest can accrue on an unpaid deferred balance. Due dates and release forms are on the ATO Division 293 pages.