ℹ Now law — applies from 1 July 2026. Division 296 passed Parliament in March 2026. The ATO is still finalising some administrative detail, so treat this as an estimate. General information only — not personal financial or tax advice.
Your numbers
Your total super across all funds at 30 June — the balance the first-year transitional rule tests.
$
Realised earnings — interest, dividends, rent and realised capital gains, excluding unrealised paper gains.
$

Estimated Division 296 tax
$0
Proportion of balance over $3M0%
Tier 1 tax 15% × earnings × proportion over $3M$0
Tier 2 tax extra 10% × earnings × proportion over $10M$0
Total Division 296 tax$0
Advanced — thresholds & how earnings are worked out
$
$

Both thresholds are indexed to CPI in $150k / $500k steps, so they rise over time — edit them to test future years. Earnings are your fund's realised earnings attributable to you — interest, dividends, rent and realised capital gains, adjusted for certain contributions and withdrawals. Unrealised paper gains are not taxed, and only the post-30 June 2026 portion of realised capital gains counts. Your fund works out and reports this figure; if you know it, enter it directly above.

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