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

Working: Division 293 tax applies when an individual's income plus low-tax concessional contributions exceeds $250,000. This threshold has been set at $250,000 since 1 July 2017 (it was previously $300,000 from the scheme's introduction in 2012, then reduced to $250,000 from 1 July 2017). For 2025-26, the threshold remains $250,000.

The controlling authority for Division 293 tax is the **Australian Taxation Office (ATO)**, which administers the tax under Division 293 of the Income Tax Assessment Act 1997 (ITAA 1997). The ATO assesses and collects Division 293 tax, issues assessments to individuals, and provides the option to pay the tax directly or release it from superannuation.