Super & study · AU
Division 293 tax
An extra 15% super-contributions tax for high earners.
Division 293 is an extra 15% tax on certain before-tax super contributions for people whose income plus those contributions is over $250,000. It reduces the tax advantage of super at high incomes, so contributions are effectively taxed at 30% instead of 15% — still often below the top marginal rate.
Grounded in ATO guidance. General information, not tax advice.
Let Fin handle the jargon for you
Connect your bank and Fin sorts your income, expenses and GST automatically — so terms like this just become numbers that are already worked out. Free to start, no card needed.
Get 2Fin free →