Division 296 tax

Thresholds and rates for the additional tax on earnings for large super balances.

7 figures. Select one to see its official source and history.

• Division 296 lower threshold (total super balance) $3,000,000 From 1 July 2026
• Division 296 additional tax rate above lower threshold 15% From 1 July 2026
• Division 296 upper threshold (total super balance) $10,000,000 From 1 July 2026
• Division 296 further tax rate above upper threshold 10% From 1 July 2026
• Division 296 lower threshold: indexation increment $150,000 From 1 July 2026
• Division 296 upper threshold: indexation increment $500,000 From 1 July 2026
• Division 296 thresholds: first income year of indexation 2027-28 From 1 July 2026