Division 293 threshold (2025-26 financial year): $250,000

This is the combined "income for surcharge purposes" plus low-tax (concessional) contributions threshold. Where an individual's income for surcharge purposes plus their low-tax contributions exceeds $250,000, Division 293 tax (an additional 15%) applies to the lesser of:
- the individual's low-tax contributions for the year, or
- the amount by which (income for surcharge purposes + low-tax contributions) exceeds $250,000.

This effectively brings the tax rate on concessional contributions for affected high-income individuals to 30% (15% standard contributions tax plus the 15% Division 293 tax), instead of the standard 15%. The $250,000 threshold has applied since the 2017-18 financial year and remains unchanged for 2025-26 (it is not indexed).

Controlling authority: Division 293 of the Income Tax Assessment Act 1997 (Cth), introduced via the Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 (which inserted Division 293 with effect from 1 July 2012, later amended to lower the threshold to $250,000 from 1 July 2017). It is administered by the Australian Taxation Office (ATO) under Schedule 1 of the Taxation Administration Act 1953 (Cth) for assessment and collection purposes.