Division 296 Explained | New Super Tax in Australia & What It Means for You

Описание: Superannuation rules in Australia are evolving and Division 296 is one of the most significant changes for high-balance accounts.

In this video, we break down the new super tax in simple terms, focusing on what it means for individuals with larger super balances and how it impacts long-term retirement planning.

You’ll also understand how the new structure changes the way super is taxed and why timing, strategy, and structure now matter more than ever.

We cover:
• How Division 296 works in plain English
• The new 30% and 40% tax tiers explained
• What changed around unrealised gains
• The “Higher Of” rule and why it matters
• The 2027 escape window explained
• SMSF considerations and the asset “shield”
• What happens if your super fund makes a loss
• Who is likely to be impacted over time

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DISCLAIMER
The content on The Wealth Planning Centre and Astonia Private Wealth YouTube channel is provided as general advice only. It does not take into account your personal objectives, financial situation, or needs. You should always consider your own circumstances and seek personalised financial advice before making any financial decisions.

General advice is provided by Astonia Private Wealth Pty Ltd, trading as Astonia Private Wealth, an Authorised Representative of GPS Wealth Ltd (AFSL 254544).

Before acting on any information, please seek professional advice and confirm our interpretations. Any calculators, tools, or content featured should be used as a guide only.

00:00 Introduction & What’s Changing
01:00 What is Division 296
02:00 New Tax Structure Explained
03:00 Unrealised Gains Update
04:00 The Higher Of Rule
05:00 The 2027 Escape Window
06:00 SMSF Impact & Asset Shield
07:00 What If Your Fund Loses Money
08:00 Who This Affects
09:00 Key Takeaways

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