Division 293 Super Tax Calculator ($250,000+ Threshold)
Calculate the extra 15% Division 293 tax on superannuation contributions for high income earners whose combined income and super exceed $250,000.
Calculate the extra 15% Division 293 tax on superannuation contributions for high income earners whose combined income and super exceed $250,000.
Calculate the extra 15% Division 293 tax on superannuation contributions for high income earners whose combined income and super exceed $250,000. Calculate exact, penny-accurate projections compliant with 2026 ATO • Reserve Bank of Australia (RBA) standards using Calconova's deterministic IEEE-754 (Decimal.js) calculation engine with instant breakdowns.
Combined Income: $290,000.00 (Exceeds threshold by $40,000.00)
Div 293 Tax = min(Combined Income - $250,000, Concessional Contributions) × 15%Combined Income = Taxable Income + Reportable Fringe Benefits + Concessional Super.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual ATO tax rates, superannuation rules, RBA cash rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult an ASIC-licensed financial advisor or CPA prior to executing financial commitments.
Division 293 tax is an additional 15% tax imposed by the ATO on concessional superannuation contributions of high-income earners whose combined income and super contributions exceed $250,000 in a financial year.
You can pay it yourself out-of-pocket, or you can complete an ATO release authority form within 60 days to have the liability paid directly out of your super fund balance.
Yes! High-income earners in this bracket face a top marginal tax rate of 45% + 2% Medicare = 47%. With Division 293, total tax on super is 30% (15% fund tax + 15% Div 293), still yielding a 17% tax discount.
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