{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/div296_rate_lower.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "div296_rate_lower",
    "former_ids": [],
    "label": "Division 296 additional tax rate above lower threshold",
    "category": "div296",
    "category_label": "Division 296 tax",
    "concept": "super.division_296.rate",
    "kind": "rate",
    "dimensions": {
      "balance_threshold": "large"
    },
    "value": 15,
    "display_value": "15%",
    "unit": {
      "code": "percent",
      "plain": "Per cent",
      "quantity": "ratio",
      "currency": null,
      "per": null,
      "per_amount": null,
      "ratio_divisor": 100
    },
    "ratio": 0.15,
    "effective_from": "2026-07-01",
    "effective_from_basis": "value",
    "validity": {
      "from": "2026-07-01",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "legislated",
    "review_dates": [],
    "source": {
      "title": "Division 296 tax thresholds and interest",
      "publisher": "ATO",
      "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/division-296-tax-thresholds-and-interest",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "Applies to the proportion of taxable super earnings that relates to the total super balance above the large super balance threshold.",
    "conditions": [],
    "exceptions": [],
    "caveats": [],
    "legal_basis": [],
    "derivation": null,
    "related": {
      "same_concept": [
        "div296_rate_upper"
      ],
      "inputs": [],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 1,
      "recorded_at": "2026-10-11T05:56:59Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Division 296 additional tax rate above lower threshold: 15%, applies from 1 July 2026. Official source: ATO, Division 296 tax thresholds and interest (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/div296/div296-rate-lower/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/div296_rate_lower.json",
      "page": "https://retirementwealth.com.au/rules/div296/div296-rate-lower/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/div296_rate_lower/2026-07-01.json"
    },
    "timeline": [
      {
        "value": 15,
        "display_value": "15%",
        "ratio": 0.15,
        "effective_from": "2026-07-01",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "Division 296 tax thresholds and interest",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/division-296-tax-thresholds-and-interest",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/div296_rate_lower/2026-07-01.json"
      }
    ]
  }
}