Division 296 upper threshold: indexation increment

$500,000

Applies from 1 July 2026
Source: ATO
Last verified 11 October 2026

Value: $500,000
Unit: Australian dollars
Applies from: 1 July 2026
Reset cycle: Set by legislation. It changes only when the law changes.
Official source: ATO: Division 296 tax thresholds and interest
Last verified: 11 October 2026, against the official source.

About this figure

The very large super balance threshold is indexed in line with the consumer price index, in increments of this amount. Section 960-285 of the Income Tax Assessment Act 1997 rounds the indexed amount down to a multiple of this amount. The ATO says Division 296 tax applies from 1 July 2026.

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No earlier value has been recorded for this figure.

This figure as JSON

{
  "id": "div296_indexation_step_upper",
  "value": 500000,
  "unit": "AUD",
  "effective_from": "2026-07-01",
  "effective_from_basis": "value",
  "resets": "legislated",
  "source": {
    "publisher": "ATO",
    "title": "Division 296 tax thresholds and interest"
  },
  "verification": {
    "status": "verified_primary",
    "checked_on": "2026-10-11"
  }
}

Also in /api/figures.json. Full record: /api/v2/figures/div296_indexation_step_upper.json