12/03/2026
Div 296 tax on large super fund balances has passed parliament and comes into effect from 1 July 2026.
If you have a SMSF super balance over $3mil, there may be strategies to look at before 30 June.
If you need assistance with your SMSF, feel free to contact our office.
Our Director Rebecca is a SMSF Specialist Adviser and can help with your SMSF and Div 296 needs.
Legislation to reduce the tax concessions available to individuals with large superannuation balances has now been passed through both houses.