Division 296 Superannuation Balance Rule Adds Additional Tax for Balances Over $3M

At a glanceReviewed October 27, 2026The government estimates less than 0.5% of account holders will be affected in 2026-27.The Australian Taxation Office expects first notices of assessment in the 2027–28 financial year.The proposed Low Income Superannuation Tax Offset boost is scheduled from 1

Originally reported by VisaVerge

Read the full story at VisaVerge →