Division 296 CGT Election – Key Considerations for SMSF Trustees
Understand the Division 296 CGT election for SMSFs, including how the cost base reset to market value works, key timing requirements before 30 June 2026, and the all-or-nothing election rule. Learn how proposed superannuation tax changes may affect high-balance members, investment outcomes, and planning decisions with guidance from an Adelaide financial advisor at ODV Private Wealth team today.
Superannuation Tax Changes: The $3 Million Cap & Division 296 – 2026 Guide
From July 2026, Division 296 imposes a 15% tax on earnings above $3M super balances. This definitive guide helps South Australian SMSF investors, family business owners, and farmers navigate the new rules, explains liquidity risks for property and shares, and outlines practical strategies like Spousal Equalization, Family Trusts, and careful retirement planning to protect wealth and retirement plans.