Division 296 Super Tax Calculator

What this calculator assumes

• The return entered is assumed to be earned in full in the year. Actual earnings vary, are not guaranteed, and Division 296 counts unrealised gains as well as realised ones — a negative year produces a loss that can be carried forward rather than a tax bill.
• Extra tax is applied to earnings in proportion to the balance above $3,000,000 at 15%, and above $10,000,000 at 25%.
• The "total tax rate" row adds the 15% ordinary tax on accumulation-phase earnings to the Division 296 amount. It is a simplification — earnings supporting a retirement-phase pension are generally taxed differently.
• Balances across all your funds are added together for the threshold test, and figures are not adjusted for inflation.
• This is a general estimate only, not personal financial or tax advice. Rates and thresholds are those current as at July 2026 (FY2026-27) and change over time.
• Rates and thresholds current as at July 2026.

This calculator provides a general estimate only. It is not personal financial, credit or taxation advice and does not take your objectives, financial situation or needs into account. Counting Beans A.F. provides financial advice under AFSL 491754 (D&M Financial Services Pty Ltd) and credit assistance under Credit Representative number 528884. Please read our Financial Services Guide and Credit Guide, and speak with us before acting on any result.