The Excess Concessional Contributions are counted as personal assessable income taxed at the marginal tax rate. Learn more from the ATO

LodgeiT has a worksheet to help with concessional and non-concessional contributions tax.

Fill via "Estimate" page


Scroll through Division 293, make sure to toggle "Yes" the "Show Division 293 tax?"

Then, press the "Edit" > "Additional tax on concessional contributions (Division 293)"

If you have unused concessional contributions cap in the previous latest 5 years, then just click the "Edit" button and input it in the line item "Carried forward unused concessional contributions cap". Example below has only unused cap for 2 previous years (FY 2023 and FY 2022) $27,500 x 2 = $55,000. Here is the related ATO link for your reference: ATO link: https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/super/growing-and-keeping-track-of-your-super/caps-limits-and-tax-on-super-contributions/concessional-contributions-cap



Notes:

The Division 293 is not added to Amount payable, but it is displayed in separate field at the end of Estimate section, after Amount payable.