Preparing for the $3m Div 296 tax

How the new tax works, who it affects, and whether or not those affected need to act before it becomes law

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This webinar will unpack how the new tax works, who it affects, and whether or not those affected need to act before it becomes law, which could be as early as 1 July 2025.  

A Live Instructor Led Webinar

With the expected reintroduction of the Bills for the $3 million Div 296 measure, accountants and advisors are being inundated from their clients about how the new measure may affect them and whether they should be doing anything now prior to the expected start date of 1 July 2025. 

Accurium’s Head of SMSF Education Mark Ellem will guide you through the proposed new measure, who it will affect and bust a number of myths around how it will operate. Mark will walk you through examples and provide practical strategies to help you assist affected clients to calmly manage the potential implications of this new measure.

This webinar will cover: 

  • What is Division 296; who is affected and how is the tax calculated 
  • Why Division 296 matters now 
  • What, if any, needs to be done by 30 June 2025? 
  • Planning strategies before commencement 
  • Common client scenarios 
  • Uncommon client scenarios 

 

Total 1.5 CPD Hours

Date & Details

Recorded: 25 June 2025

*Office Registrations. Maximum 10 participants per firm (must have same email domain). The PD points for all attendees will be recognised and links will be provided to all attendees.

What we cover

On completion, participants will be able to:

  • Understand the fundamentals of Division 296, including who is affected, how the additional tax is calculated, and when it is expected to apply. 
  • Identify the relevance and urgency of Division 296, including what actions, if any, may need to be considered before 30 June 2025. 
  • Apply practical planning strategies to assist clients who may be impacted by Division 296, using both common and uncommon client scenarios. 
  • Dispel common myths and misconceptions about how Division 296 will operate, enabling confident and informed client conversations. 

What's included?

  • 1 x 1.5 hour (est.) webinar
  • 3 month access to webinar recording
  • Webinar materials including Division 296 checklist

Our presenter

Head of Education, Accurium

Mark Ellem

Mark Ellem-1

Mark is a popular, experienced and highly sought after presenter who is passionate about educating accountants and SMSF practitioners about SMSFs and strategies to make SMSFs a successful part of their business.

He has extensive experience in Self-Managed Superannuation Funds (SMSFs), Pension Funds, Income Tax and Financial Advisory. He is a Fellow of the CPA, IPA and SMSF Association, and received the 2018 SMSF Association CEO award in February 2019 for his contribution to the association and was in the inaugural group of association members to advance to the status of Fellow in February 2020.

Mark has spent over 30 years in accounting practices and SMSF administration companies, including running his own accountancy practice and SMSF administration and compliance advice company for ten years.

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The General Terms and Conditions can be accessed here.