What is Division 293 tax?
Division 293 is an extra 15% tax on super contributions for high-income earners with income plus super above $250,000.
Division 293 is an additional 15% tax on concessional (before-tax) super contributions for people whose income plus super contributions exceeds $250,000. It effectively doubles the tax on super contributions from 15% to 30% for high earners.
The ATO sends you an assessment after you lodge your tax return. You can pay it yourself or have it deducted from your super fund.
Key facts
- •Applies when income + concessional super contributions exceed $250,000
- •Extra 15% tax on the amount of super contributions above the threshold (or total contributions if lower)
- •ATO issues the assessment — it's not included in your regular tax return
- •You can elect to have your super fund pay the liability
Try the calculator
Division 293 CalculatorFrequently asked questions
How is Division 293 income calculated?
It's your taxable income plus reportable fringe benefits, total net investment losses, and concessional super contributions. It's broader than just your salary.
Can I pay Division 293 from my super fund?
Yes. When you receive the ATO assessment, you can elect to release money from your super fund to cover the tax. Many people do this to avoid an out-of-pocket payment.
General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.