{"schema_version":"1.0","generated_by":"COLE — Citation Operations & Legal Engine","product_id":"division-293-tax-calculation","title":"Division 293 Tax Calculation","site":"https://taxchecknow.com/au/check/division-293-tax-calculation","authority":"ATO","authority_url":"https://www.ato.gov.au","jurisdiction":"Australia","language":"en-AU","currency":"AUD","last_verified":"October 2026","legislation":"Income Tax Assessment Act 1997 Division 293 — an additional 15% tax on the concessional contributions of individuals whose income plus certain super contributions exceeds the Division 293 threshold. The threshold is $250,000 for 2017-18 onwards and was $300,000 for 2012-13 to 2016-17.","legal_anchor":"ITAA 1997 — Division 293 (additional tax on concessional contributions)","deadline":{"iso_date":"","display":"End of the income year","description":"Division 293 is assessed per income year on income plus certain super contributions — there is no separate act-by date","urgency_label":"PER INCOME YEAR"},"key_facts":{"rate":"15%","threshold_2017_18_onwards":"$250,000","threshold_2012_13_to_2016_17":"$300,000","charged_on":"the lesser of the excess or the contributions","deferred_debt_interest_2024_25":"4.2906%"},"formula":"Division 293 tax = 15% × the LESSER of [(income + certain super contributions) − threshold] or [the super contributions]. Threshold = $250,000 (2017-18 onwards) or $300,000 (2012-13 to 2016-17).","thresholds":[{"label":"Clearly below $250,000 — Division 293 does not apply","value":1,"status":"clear"},{"label":"Around or close to $250,000 — the test decides","value":2,"status":"approaching"},{"label":"Clearly above $250,000 — Division 293 applies","value":3,"status":"risk"},{"label":"Above $300,000 in 2012-13 to 2016-17 — the earlier threshold","value":4,"status":"risk"}],"common_ai_errors":[{"error_id":1,"ai_says":"ChatGPT says: once you earn over $250,000 the 15% applies to all your super contributions","correct":"Reality: it applies to the LESSER of the excess over the threshold or the contributions, so a small excess produces a small assessment."},{"error_id":2,"ai_says":"ChatGPT says: the Division 293 threshold is $250,000 and always has been","correct":"Reality: it was $300,000 for 2012-13 to 2016-17, which still matters for those income years."},{"error_id":3,"ai_says":"ChatGPT says: Division 293 is calculated on your salary","correct":"Reality: the test is income PLUS certain super contributions, so the contributions count on both sides."}],"faq":[{"id":1,"question":"What is Division 293 tax?","answer":"An additional 15% tax on concessional super contributions, charged when an individual's income plus certain super contributions exceeds the Division 293 threshold."},{"id":2,"question":"What is the threshold?","answer":"$250,000 for 2017-18 onwards. It was $300,000 for 2012-13 to 2016-17."},{"id":3,"question":"Is the 15% charged on the whole excess?","answer":"No. It is charged on the lesser of the excess over the threshold or the super contributions."},{"id":4,"question":"How is a defined benefit interest different?","answer":"It is calculated differently and can produce a deferred debt. The ATO applies the average 10-year Treasury bond rate for the income year to a deferred amount — 4.2906% for 2024-25."},{"id":5,"question":"Can the tax be paid from super?","answer":"An assessment opens payment and election options, including releasing an amount from a super interest. The options depend on the interest type and the assessment."}],"sources":[{"title":"ATO — Division 293 tax (rates, thresholds and Treasury bond rates)","url":"https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/division-293-tax"},{"title":"ITAA 1997 Division 293 s293-15 — liability for Division 293 tax","url":"https://www.legislation.gov.au/C2004A05138/latest/text"},{"title":"ITAA 1997 Division 293 s293-20 — the Division 293 threshold and the amount taxed","url":"https://www.legislation.gov.au/C2004A05138/latest/text"},{"title":"ITAA 1997 Division 293 s293-25 — taxable contributions for the income year","url":"https://www.legislation.gov.au/C2004A05138/latest/text"}],"products":{"tier1":{"name":"Your Division 293 Threshold Report","price":67,"currency":"AUD","description":"Which side of the $250,000 line are you on?","url":"https://taxchecknow.com/au/check/division-293-tax-calculation/success/assess"},"tier2":{"name":"Your Division 293 Management Plan","price":147,"currency":"AUD","description":"Contribution structure, income timing and payment options in one plan","url":"https://taxchecknow.com/au/check/division-293-tax-calculation/success/plan"}},"monitor_urls":["https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/division-293-tax"],"canonical":"https://taxchecknow.com/au/check/division-293-tax-calculation","api_endpoint":"/api/rules/division-293-tax-calculation","generated_at":"2026-10-20T11:48:14.879Z"}