What is Division 293 tax?

Division 293 imposes an additional 15% tax on super contributions for individuals whose income plus concessional contributions exceed $250,000. This brings the total tax on those contributions to 30% instead of 15%. The ATO will send you an assessment after you lodge your tax return.

Are super withdrawals taxed?

For most people withdrawing after age 60 from a taxed fund, withdrawals are completely tax-free. Before age 60, withdrawals may be taxed depending on the tax components. Lump sum withdrawals of the tax-free component are always tax-free regardless of age.

Can I claim a tax deduction for personal super contributions?

Yes. If you make personal contributions to your super fund, you can claim a tax deduction by lodging a 'Notice of Intent to Claim a Deduction' with your fund before lodging your tax return. This effectively converts non-concessional contributions to concessional contributions.

Super Tax Calculator

Calculator

Calculate the tax on your superannuation contributions, earnings, and withdrawals at every stage.

Free to useNo data storedAI insightsUpdated: February 2026

Superannuation is one of the most tax-effective investment structures in Australia, but the tax rules can be complex. Contributions, earnings, and withdrawals are all taxed differently depending on your age, income, and contribution type. This calculator breaks down exactly how much tax you'll pay on your super at every stage — and where the real tax savings are.

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Real-World Examples

Tax Savings from Salary Sacrifice

Sarah earns $120,000 and salary sacrifices $10,000 into super.

Without salary sacrifice, Sarah pays 34.5% (marginal rate + Medicare) on that $10,000 = $3,450 tax. In super, the tax is 15% = $1,500. Net tax saving: $1,950 per year. Over 25 years with compounding, this strategy adds ~$100,000+ to her super.

Division 293 Warning

James earns $260,000. His employer pays $31,200 in SG (12%).

James exceeds the $250,000 threshold for Division 293 tax. He'll pay an additional 15% (total 30%) on the portion of contributions that push him over the threshold. He should consider this when planning additional salary sacrifice.

Frequently Asked Questions

Glossary

Concessional Contributions

Pre-tax contributions including employer SG, salary sacrifice, and personal contributions you claim a tax deduction for. Taxed at 15% entering the fund (cap: $30,000/year).

Non-Concessional Contributions

After-tax contributions made from your take-home pay. Not taxed entering the fund because tax has already been paid (cap: $120,000/year).

Division 293

An additional 15% tax on super contributions for high-income earners whose income plus super contributions exceed $250,000.

Earnings Tax

Investment returns earned inside super are taxed at a maximum of 15%. Capital gains held for over 12 months are taxed at 10% (one-third discount).

Related Tools

Salary Sacrifice Optimizer

Calculate your exact tax savings from salary sacrifice contributions.

Employer SG Calculator

Check your employer is paying the correct SG amount.

Co-contribution Calculator

Low income? The government may match your after-tax contributions.

Disclaimer: This calculator provides estimates only and should not be relied upon for financial decisions. Interest rates, fees, and policies change frequently. Always verify information with lenders directly. This is general information, not personal financial advice. Consider seeking advice from a licensed mortgage broker or financial advisor.

Last updated: February 2026