The media has been spotlighting the Division 296 tax on super balances in Australia over $3m starting 1 July 2025. In this episode Glen and John unpack:
๐๐พ what Division 296 is and how it works
๐๐ฟ how the new super tax is calculated
๐๐ป the potential reasoning behind the policy
๐ why taxing unrealised gains is controversial
๐๐ผ who this affects and whether you need to worry
Watch this episode on YouTube here: https://youtu.be/T24gjis0MAI
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