**Division 293 threshold (FY2025-26): $250,000.**

An individual whose combined "Division 293 income" plus low-tax concessional (before-tax) superannuation contributions exceeds $250,000 in the 2025-26 financial year pays an additional 15 per cent Division 293 tax. The tax applies to the lesser of:
- the low-tax (taxable) concessional contributions, and
- the amount by which the combined total exceeds the $250,000 threshold.

This threshold has been set at $250,000 since 1 July 2017 (reduced from the original $300,000) and is not indexed, so it remains $250,000 for 2025-26.

**Working (illustrative):** If Division 293 income is $245,000 and low-tax concessional contributions are $25,000, the combined total is $270,000, which is $20,000 over the $250,000 threshold. The extra 15% tax applies to the lesser of $25,000 (the concessional contributions) and $20,000 (the excess over the threshold) = $20,000. Division 293 tax = 15% x $20,000 = $3,000.

**Controlling authority:** The Australian Taxation Office (ATO) administers Division 293 tax. The legislative source is Division 293 of the Income Tax Assessment Act 1997 (Cth), with the imposition and assessment mechanics in the Superannuation (Sustaining the Superannuation Contribution Concession) Imposition Act 2013 and the Tax and Superannuation Laws Amendment (Increased Concessional Contributions Cap and Other Measures) Act 2013; the Commissioner of Taxation issues the Division 293 assessments.