{"product_id":"division-296-calculator-updated","title":"Division 296 Calculator - Updated","description":"\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003eThe Division 296 calculator has now been updated to cater for the legislation the Government passed in march 2026. Division 296 outlines the extra tax that will be charged on a member's superannuation balance if the balance exceeds $3m and if the balance exceeds $10m.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-family: Arial, sans-serif; font-size: 12pt;\"\u003eThis new updated calculator works out the extra tax if a member's superannuation balance exceeds $3m and again if exceeds $10m. At first glance, the calculation appears quite simple and straight forward, but as always, the devil is in the detail and the calculation is a lot more complex than  you think. We strive to simplify the complex, so the calculator will assist you calculate the extra tax payable using some projected figures. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003eIt allows you to project a superannuation balance forward for 10 years. It also allows you to compare scenarios if the member was to make a large withdrawal and to compare the tax payable inside and outside of Super. It also  has an example for you to consider. \u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003eThis is another must have calculator as all members with a superannuation balance of more than $3m as at 30 June 2026 will be affected. \u003c\/span\u003e\u003c\/p\u003e","brand":"Between The Spreadsheets","offers":[{"title":"Default Title","offer_id":48577167360228,"sku":null,"price":400.0,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0642\/1184\/5348\/files\/BTS_Products_AC_Division_296.png?v=1757570071","url":"https:\/\/betweenthespreadsheets.com.au\/products\/division-296-calculator-updated","provider":"Between The Spreadsheets","version":"1.0","type":"link"}