Division 296 Tax Payable Calculator
Access our free calculator to estimate your potential tax under the proposed Division 296 changes.
Complete the form below to access the calculator and see how Division 296 could apply to you.
Understanding the 2026 Division 296 Rules
Division 296 is a tiered tax on superannuation earnings for individuals with high balances. Scheduled to commence on 1 July 2026, it represents a significant shift in how high-wealth SMSFs are taxed.
Unlike the original proposal, the updated legislation protects trustees from being taxed on “paper gains” (unrealised growth), aligning more closely with traditional income tax principles.
Use our calculator to determine:
- Proportional Tax Breakdown: See exactly how much tax is attributied tothe $3M-$10M tier vs. the $10+ tier.
- Effective Tax Rate: Understand the total impact on your fund’s realised yield.
- Strategy Insights: Preparing for the 30 June 2026 market value election before the rules take effect.
Disclaimer: This calculator provides an estimate for informational purposes only and does not constitute financial or tax advice. The Division 296 legislation is subject to final parliamentary processes.