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  • Division 293 tax – information for individuals

    Division 293 tax was introduced from the 2012–13 year to reduce the tax concession on superannuation contributions for individuals with income greater than $300,000 a year.

    From 1 July 2017 onwards the Division 293 threshold will be $250,000.

    Division 293 tax is charged at 15% of an individual’s taxable concessional contributions above the threshold.

    For members of a defined benefit fund, Division 293 tax may be calculated on notional contributions which are not capped.



    If you have received a Division 293 assessment for the first time, additional information is available.

      Last modified: 01 Dec 2016QC 36272