What is Division 293 tax? Division 293 tax is the tax paid by high income individuals. It reduces the super tax concession they receive. Since 1 July 2012, high income earners are generally liable to pay Division 293 tax if their income for surcharge purposes (disregarding their reportable super contributions) and their low-tax contributions are greater than $300,000. This is to reduce the tax concession received on concessional contributions from 30%…  Read more