The Division 293 threshold for the 2025-26 financial year is $250,000.

If an individual's combined income plus low-tax (concessional) contributions exceeds this $250,000 threshold, they pay an additional 15 per cent Division 293 tax on the portion of their taxable concessional contributions that is above the threshold (or on the full amount of those concessional contributions where the excess over the threshold is greater than the contributions).

Working:
- The threshold was set at $300,000 when Division 293 was introduced (from the 2012-13 financial year).
- It was reduced to $250,000 with effect from the 2017-18 financial year.
- It has remained at $250,000 since and is unchanged (not indexed) for the 2025-26 financial year.
- Therefore the 2025-26 threshold = $250,000.

Controlling authority: the Australian Taxation Office (ATO), which administers Division 293 tax under the Income Tax Assessment Act 1997 (the substantive charging and assessment provisions sit in Division 293 of the ITAA 1997, with related assessment and collection rules in the Taxation Administration Act 1953).