Division 293 tax – information for tax agents

Division 293 tax

Division 293 tax is the tax paid by individuals which reduces the superannuation tax concession they receive. It was announced in the 2012 federal Budget as the Reduction of higher tax concession for contributions of very high income earnersExternal Link measure.

From 1 July 2012, individuals with total earnings for Division 293 tax greater than $300,000 have had to pay tax on taxable contributions above a $300,000 threshold.


The Division 293 tax rate is 15%.

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    Last modified: 06 May 2015QC 36275