Div296 – Latest Updates Explained!

What’s new for professionals on the recently updated proposed Division 296 legislation.

Questions to be discussed and answered include:

• What is the latest that we know?
• Which clients will it affect?
• How will the tax actually work?
• Is there anything we can do to prepare for this

The proposed legislation includes an additional 15 per cent tax on a proportion of income attributable to superannuation balances over $3m, as well as an additional 10 per cent tax for those with superannuation balances over $10m.

If passed, this significant change has been postponed by 12 months to take effect from 1 July 2026, and it’s crucial to understand its implications.

This session is designed to help you navigate the complexities of the proposed new tax rules and make informed decisions about your financial future.

Topics covered include:

•  A deep dive into the proposed legislation
• Case studies to showcase how the tax is calculated and its resulting impact
• What to consider and discuss with your clients

Learning Outcomes:

You will learn:

• The Div296 legislation and how it will impact various superannuation members
• How members can best plan for the legislation when it is enacted

Suited to:

SMSF administrators, accountants and financial advisers from small to medium practices.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation