07 3262 6585 Book a time

Picture Book · Super contributions

Division 293

Story pages

A woman in her mid fifties with a sleek grey bob walking briskly out of a city office building
Meet Claire. She's 55 and earns a high income.
A set of balance scales on a desk with a small weight on one side
Division 293 is an extra tax on concessional contributions for higher earners.
A fence line across a paddock with a gate in the middle
It may apply if her income plus her concessional contributions is more than $250,000.
A slice of cake on a plate with a small piece cut away
The extra tax is 15% of the amount over $250,000, or of her contributions, whichever is less.
A woman in her mid fifties opening an envelope at a hallway table
The ATO sends a notice after it gets her tax return and her fund's information.
A woman in her mid fifties talking with an adviser in a bright office
Even so, super can still be a tax-effective place for her savings. She asks for advice on her mix.

The end

Want this for your situation?

Every situation is different. One of our advisers can help you work out what applies to you.

Book an appointment with one of our advisersRead the full article

Next story: Two ways into super

General advice warning. This picture book is general information only. It does not take into account your objectives, financial situation or needs, and it is not personal advice. Rules and thresholds change. Before acting, consider whether it is right for you, read any relevant Product Disclosure Statement and our Financial Services Guide, and seek personal advice. Past performance is not a reliable indicator of future performance.

Information as at 27 October 2026. Sources:

1 / 7

Swipe, use the arrows, or press ← → on your keyboard.

Want this for your situation?

Every situation is different. One of our advisers can help you work out what applies to you.

Book an appointment with one of our advisersor call 07 3262 6585

Keep exploring: More super contributions stories · All picture books · Age Pension what-if planner · Cost-of-living help for homeowners