**Division 293 threshold for FY2025-26: $250,000**

If an individual's combined income for Division 293 purposes (broadly, taxable income plus reportable fringe benefits, net investment losses and certain other add-backs) plus their low-tax (concessional) contributions exceeds $250,000, an additional 15% Division 293 tax applies to the lesser of the low-tax contributions or the amount above the threshold. The $250,000 threshold is not indexed and has applied since 1 July 2017 (it was $300,000 from 2012-13 to 2016-17).

**Controlling authority:** Division 293 of the *Income Tax Assessment Act 1997* (Cth), administered by the Australian Taxation Office (ATO), with assessment and collection machinery in Schedule 1 to the *Taxation Administration Act 1953* (Cth).