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:
ππΎ what Division 296 is and how it works
ππΏ how the new super tax is calculated
ππ» the potential reasoning behind the policy
π why taxing unrealised gains is controversial
ππΌ who this affects and whether you need to worry
Watch this episode on YouTube here: https://youtu.be/T24gjis0MAI
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