# Division 293 Tax – FY 2025-26

## Dollar Threshold

**$250,000**

This threshold has applied since 1 July 2017 (reduced from the original $300,000 level that applied from 2012-13 to 2016-17). For FY 2025-26 it remains unchanged at **$250,000**. Where an individual's income (as defined for Division 293 purposes) plus their low-tax concessional contributions exceeds $250,000, the excess — up to the total of their taxable concessional contributions — is subject to an additional 15% Division 293 tax.

## Controlling Authority

The **Australian Taxation Office (ATO)** administers Division 293 tax. The tax is imposed under **Division 293 of the Income Tax Assessment Act 1997 (Cth)** (ss 293-1 to 293-235) and the *Superannuation (Excess Concessional Contributions) Tax Act 2007* framework, with the ATO issuing assessments and collection notices directly to individuals (or, where elected, to their superannuation fund).