Div 293 Management

Question

Does anyone have any insight into what is the best way to deal with Div 293 through AE?
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At the moment all we can do is say your ATI is above $250,000 so it may apply, but even the identification of this is beig done manually by my team, not flagged etc. by AE.
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It feels very manual at the moment, as we don’t really get any indication from the software as to when Div 293 my apply to clients.
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I suppose what I am looking for is whether or not there is some way through the ITR / MYOB AE generally to know in advance if Div 293 may apply.

syed1 · Answer

&nbsp;Hi&nbsp;ZoeMorco&nbsp;,&nbsp;Div 293 assessment is a separate assessment issued by the ATO, and it does not show in the tax estimate.&nbsp;Because of the information that is required to calculate an accurate figure for Division 293 tax (mainly the employer contributions), it is only possible to be calculated by the ATO at this stage.&nbsp;Please check the ATO link for more details:https://www.ato.gov.au/individuals/super/in-detail/growing-your-super/division-293-tax---information-for-individuals/?anchor=WhodoesDivision293taxapplyto#WhodoesDivision293taxapplyto&nbsp;Regards,SyedCustomer Support Representative

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Div 293 Management

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