Division 296 tax calculator

Enter your total super balance (TSB) on 30 June 2027. It includes all your super accounts, including pensions and any defined benefit interests.

Your super funds report your balances to the Australian Taxation Office (ATO) after the end of the financial year. You can then see your TSB in ATO online services through myGov.

Enter the earnings your super funds attribute to you for 2026–27. These are realised earnings, such as dividends, rent, interest and capital gains on assets that have been sold. Increases in the value of assets that haven’t been sold are not included.

Earnings on your pension count as well as earnings in accumulation. If you have more than one fund, add the earnings from each.

If your balance is above $10 million, the calculator adds a further 10% tax on the share of your earnings that relates to the part of your balance above $10 million.

In 2026–27, the first year of the tax, only your balance on 30 June 2027 counts. From 2027–28, the higher of your balance at the start and the end of the year is used.

The ATO rounds the proportion of your balance above each threshold to two decimal places, so your assessment may differ from the estimate by a few dollars.