A quick and straightforward guide on Division 293 tax

24 September 2020 What is Division 293 Tax? Division 293 tax applies to specific ‘concessional contributions’ (CCs) made when your income from particular sources exceeds a specified threshold. In 2020/21, this income limit is $250,000. Concessional contributions include: Employer contributions, such as superannuation guarantee amounts Pre-tax contributions you make your salary or wage, known as … Continue reading A quick and straightforward guide on Division 293 tax