High income earners wishing to make superannuation contributions need to be aware of the Division 293 tax. Effective 1 July 2017, individuals earning over $250,000 will be charged a Division 293 tax, at a rate of 15% of the individuals’ taxable contributions. Super is taxed at 15% as a standard for employer contribution, and the 293 tax is an addition on top of this for high income earners. Previously, the threshold for Division 293 tax was $300,000. The calculation of Divisi