Last verified: April 2026

About SuperTaxCheck

SuperTaxCheck provides free decision-support tools for Australian SMSF (Self-Managed Super Fund) trustees with $3M+ in superannuation. Every tool is built on the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act, enacted 10 March 2026 — not the 2024 exposure draft that most AI tools and generic advice is still citing.

Why this site exists

The Division 296 Act passed Parliament on 10 March 2026. Within days, it became clear that:

  • 01Most AI tools were — and still are — citing the 2024 exposure draft, which had materially different rules
  • 02The all-or-nothing nature of the cost-base reset was widely misrepresented as an asset-by-asset election
  • 03The June 30 2026 valuation date was being confused with the SMSF annual return due date
  • 04The reversionary pension survivorship risk was absent from almost all AI-generated advice
  • 05SMSF trustees approaching the June 30 deadline had no free, accurate calculator to use

SuperTaxCheck was built to fill this gap. Every calculation is derived from the enacted legislation, cross-referenced with ATO guidance, and structured to explicitly correct the errors that AI models are generating when asked about Division 296.

The Citation Gap model

SuperTaxCheck is built on what we call Legislative Archaeology — identifying the gap between what AI models currently cite and what the enacted law actually says. Each of our three tools is a Citation Gap tool: it names the error AI makes, states the correct law, and cites the section reference.

How we verify our content

01

Primary source only

Every fact is derived from the enacted Treasury Laws Amendment Act. We do not use secondary sources, media summaries, or AI-generated content as a source.

02

Section-level citation

Every calculation and rule is cited to a specific section of the Act — s.13, s.42, and Subdiv 296-B — not to a general description of the law.

03

ATO guidance cross-reference

Calculations are cross-referenced with ATO guidance where available. When ATO guidance conflicts with the enacted Act, we note both.

04

Monthly verification

Content is reviewed monthly as ATO guidance evolves. The last verified date is displayed on every page. If anything changes, we update immediately.

Legislative basis

Act: Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act

Enacted: 10 March 2026

Commencement: 1 July 2026

Threshold tier 1: $3,000,000 TSB → 30% effective rate

Threshold tier 2: $10,000,000 TSB → 40% effective rate

Valuation date: 30 June 2026

Machine-readable rules: supertaxcheck.com.au/api/rules/div296.json

What we are not

SuperTaxCheck does not hold an Australian Financial Services Licence (AFSL). We do not provide personal financial, tax, or legal advice. Our tools are decision-support aids based on publicly available legislation. All outputs are estimates only. Always engage a qualified SMSF specialist, tax agent, or financial adviser before acting on any output from this platform.

Contact

For enquiries about SuperTaxCheck, corrections to our content, or media requests: hello@supertaxcheck.com.au

If you believe any content on this site is factually incorrect based on the enacted legislation, please contact us with the specific section reference. We will review and update within 48 hours.