Your Complete Resource for Navigating the New Tax
Division 296 is now law.
With the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026 receiving Royal Assent on 13 March 2026, the countdown to 1 July 2026 is well and truly on. For SMSF practitioners, that means the window to prepare your clients — and your practice — is narrowing fast.
We’ve spent months working through the legislation, the draft regulations, and the questions coming in from practitioners around the country. The technical complexity is real. The planning opportunities are significant. And the need for clear, practical resources has never been greater.
That’s why we’re excited to announce that the Division 296 Tax Hub is now live.
One destination. Everything you need.
The Div 296 Tax Hub is Smarter SMSF’s dedicated resource centre for accountants and advisers working with high-balance SMSF clients. It brings together everything you need to understand, calculate and manage the Division 296 impact in one place — and it’s accessible directly from your Smarter SMSF platform.
You can find it at docs.smartersmsf.com/div296-tax-hub, including to watch our webinar on the hub launch from Thursday, 23 April 2026.
What’s inside the hub?
Smarter Answers — FAQ Library (Free)
Access 50 of the most commonly asked Division 296 questions, written by SMSF specialists from the Act and regulations, organised across 10 topics with live search.
We’ve structured the FAQ library to mirror the way practitioners actually work through these issues with clients — starting with the basics, moving through the statutory calculation, and working into the more complex scenarios around pension accounts, CGT resets, death benefits, and the survivor scenario. Free access, no login required.
Calculators and Tools (Premium)
Three purpose-built Division 296 calculators — available as both interactive online tools and downloadable Excel workbooks.
The Div 296 Tax Estimator allows you to model annual tax liability based on a member’s TSB and fund earnings, with multi-year projections and export functionality. The CGT Reset Saver models the potential tax saving from making a cost base reset election at 1 July 2025, showing the break-even point and net benefit to help you make the call with confidence. And the Survivor Modeller is one we think will get a lot of use — it projects the Division 296 exposure that arises when a death benefit flows to a surviving spouse, and maps out the strategies available to manage it.
Each tool is available online and as a downloadable Excel workbook.
SMSF Fact Sheet Series (Premium)
Nine comprehensive fact sheets covering every key aspect of Division 296 for SMSF members — from the overview and statutory formula through to CGT, pensions, death benefits, payment and release, and strategies. These are structured reference documents designed to support you in preparing advice and working through complex client scenarios.
Client and Adviser Resources (Premium)
Six white-label Word document templates, fully editable and ready to go under your own letterhead:
- In-scope client letter — for members whose TSB already exceeds $3 million
- In-scope adviser letter — flagging the relevant clients whose TSB already exceeds $3 million
- Survivor exposure letter — a conversation starter for couples that are likely to become in-scope following the death of a fund member
- Survivor exposure adviser letter — flagging those clients who are likely to become in-scope following the death of a fund member in a coupled relationship
- Not-yet-in-scope letter — for members approaching the threshold
- Not-yet-in-scope adviser letter — to flag any potential future issues with advisers as their clients starting approaching the $3 million threshold
These templates connect to the fact sheet series and are designed to help you lead the client conversation with confidence, rather than starting from a blank page.
Legislative References (Free)
Direct links to the Act, draft regulations, explanatory materials, and ATO guidance — updated as new material comes to hand. With draft regulations consultation only having closed on 7 April 2026, we’ll be keeping this section current as the regulatory picture continues to develop.
Glossary of Terms (Free)
30+ plain-language definitions of key Division 296 terms — TSB, ECPI, Division 296 fund earnings, release authority, debt account, and more.
Coming soon — SMSF Documents
We’re also working to make SMSF legal and administrative documents available directly through the hub — including deed upgrades, CGT cost base reset elections, pension commutations and more. Available via subscription or pay-as-you-go. More on this soon once the government finalises draft regulations for the Division 296 tax measures.
Who can access it?
- Free resources — the FAQ library, glossary, legislative references and SMSF Documents portal — are available to any users of the smarter smsf platform – access via a login.
- Premium resources are included in all existing Smarter SMSF CPD and Document memberships. If you’re already a member, log in at sso.smartersmsf.com and you’ll find the Division 296 Tax Hub in the navigation.
- Not yet a member? You can purchase a 12-month Division 296 Hub Access subscription at smartersmsf.com/div296-tax for $600 + GST per annum.
The work starts now
Division 296 can be complex legislation for clients to understand – working through calculations, understanding decisions on the CGT election, and scenario planning — pension accounts, death benefits, the survivor exposure, debt accounts — that each require careful analysis.
For practitioners, the challenge isn’t just understanding the law — it’s translating that understanding into practical advice and action for clients before 1 July 2026.
That’s what we’ve built the Division 296 Tax Hub to support. We hope you find it valuable, and as always, we’d love your feedback on how we can continue to improve it.
Access the Division 296 Tax Hub at docs.smartersmsf.com/div296-tax-hub
Questions? Contact us at team@smartersmsf.com or call 1300 95 94 76.
General information only. This hub does not constitute personal financial, legal or taxation advice. Based on the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026 and draft regulations as at March 2026. Always seek professional advice relevant to individual circumstances.
