Division 293 and excess concessional contributions

When we work out your Division 293 super contributions we don’t include amounts taxed as excess concessional contributions.

Excess concessional contributions are taxed in other ways so you are no longer receiving a concession for them. In these circumstances, applying the additional 15% Division 293 tax to those contributions would not be fair.

As a result, Division 293 super contributions are generally equal to concessional contributions minus excess concessional contributions.

Impact of discretions

Unlike excess contributions, we do not have discretion to disregard or reallocate contributions in the calculation of Division 293 tax.

By asking us to disregard or reallocate your excess contributions to another year, they will remain low-tax and need to be included back into the Division 293 calculation.