Division 296 is now law. From 1 July 2026, individuals with total superannuation balances above $3 million will be subject to an additional tax on a portion of their superannuation earnings.

If you or your clients hold large superannuation balances, understanding how this new measure works and what it means in practice is important.

Join us for a complimentary breakfast briefing where we will walk through the key details of Division 296, including the thresholds, tax rates and how the new assessment process will work.

The session will be hosted by Michael Bryant, Director in Business Advisory at Moore Australia (VIC/TAS), and will feature SMSF expert Aaron Dunn and Moore Tax Director, Tim Cheong. There will be time for questions.

What we will cover

• An overview of Division 296 and how it applies from 1 July 2026
• The $3 million and $10 million thresholds and what they mean for affected individuals
• How the tax is calculated, assessed and attributed to members
• Practical considerations for SMSF trustees and their advisers
• An opportunity to ask questions of our panel