Superannuation

Division 293 Tax

An additional 15% tax on concessional super contributions for individuals with income and super contributions above $250,000.


Division 293 tax is an additional 15% tax on some or all of your concessional super contributions if your income plus concessional contributions exceeds $250,000. This brings the effective tax rate on those contributions to 30% (the standard 15% contributions tax plus the 15% Division 293 tax), reducing the tax concession available to higher-income earners.

The Division 293 income threshold is $250,000, calculated as taxable income plus net investment losses, reportable fringe benefits, and low-tax contributed amounts (concessional super contributions). If your income exceeds $250,000 before adding super, all your concessional contributions are subject to Division 293 tax. If your income is below $250,000 but exceeds it when super is added, only the amount above $250,000 is subject to the additional tax.

The ATO issues a Division 293 tax assessment after your tax return is processed. You can choose to pay it personally or have it released from your super fund. If you don't make a choice within the required timeframe, the ATO will direct your super fund to pay it. Even with Division 293, the 30% rate is still lower than the top marginal rate of 45% plus Medicare levy, so there is still a tax benefit to making concessional super contributions for high earners.

How it works

Division 293 tax adds an extra 15% on top of the standard 15% contributions tax for concessional contributions, once your income plus those contributions exceeds $250,000 — taking the effective rate on the affected portion to 30%. The income test for this purpose adds together your taxable income, net investment losses, reportable fringe benefits, and your low-tax contributed amounts, which is a broader figure than taxable income alone.

You don't see Division 293 on your payslip — it arrives as a separate ATO assessment issued after your tax return has been processed. From there you choose whether to pay it personally or have the amount released from your super fund; if you don't make a choice within the required window, the ATO will direct your fund to pay it for you.

Only the amount of concessional contributions that pushes you over $250,000 combined is caught if your income alone sits below that threshold — but if your income alone already exceeds $250,000, every concessional contribution for the year is subject to the extra tax. Even so, the 30% effective rate remains lower than the top marginal rate plus Medicare levy, so concessional contributions are still tax-effective for high earners, just less generously than for people below the threshold.

Example: partial Division 293 liability

Your taxable income for the year is $240,000, and your concessional contributions (employer SG plus salary sacrifice) total $20,000, bringing your combined Division 293 income to $260,000 — $10,000 over the $250,000 threshold.

Only the $10,000 that pushed you over the threshold is subject to the extra 15% Division 293 tax, giving an additional liability of $1,500, on top of the standard 15% contributions tax already deducted inside your super fund on the full $20,000.

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Frequently asked questions

What is Division 293 Tax?
An additional 15% tax on concessional super contributions for individuals with income and super contributions above $250,000.
Who has to pay Division 293 tax?
Anyone whose income plus concessional super contributions for the year exceeds $250,000 — only the amount above that threshold is subject to the extra 15%.
Is Division 293 tax the same as ordinary super contributions tax?
No, it's an additional 15% charged on top of the standard 15% contributions tax, so the affected contributions end up taxed at an effective 30% rather than 15%.
Can I pay my Division 293 tax from my super instead of my own money?
Yes, you can elect to have the amount released from your super fund, or pay it personally — the ATO will direct your fund to pay it if you don't choose in time.
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