• Enter the total before-tax contributions made to your super. This includes Super Guarantee from your employer, salary sacrifice contributions, and personal contributions for which you claimed a tax deduction.
• Any amount transferred into an Australian superannuation fund from a foreign superannuation fund for the member during the year less 15% tax on any amount the member has elected to have taxed in the fund.

Provide the total of all specific amounts that increase your Total Superannuation Balance (TSB) for Division 296 purposes during the Year outside of standard direct contributions (Contributions on which on tax is paid by the fund). These include:

• Rollovers/Transfers In:
  • Amounts transferred or rolled into the superannuation fund during the financial year, including those under a contribution splitting strategy.
  • Amounts received from a family law superannuation split.
• Pension Commencements and Reversions:
  • The starting value of any new death benefit pension commenced to be paid to the member during the year.
  • The date of death value of any pension that reverted to the member during the year.
• Insurance Proceeds:
  • Insurance proceeds received and allocated to the member's account during the year, where the policy provided cover for death, total and permanent disability (TPD), or terminal illness of the member.
  • Exclusion: Proceeds from temporary disability insurance are not included.
• Reserve Allocations:
  • Amounts allocated from a reserve to the member during the year, provided they are counted against the member’s concessional contributions cap.
  • Note on Exclusions: Certain reserve allocations are not assessed against an individual’s concessional contributions cap and will not be included. These include:
    • Amounts allocated in a fair and reasonable manner to every member of the fund, where the amount allocated for the financial year is less than 5% of the value of the member’s interest in the fund at the time.
    • Amounts allocated to a member from a reserve due to the commutation of the member’s (or their spouse's) defined benefit pension (e.g., a complying lifetime/life expectancy pension, or a flexi pension).
• Compensation and Remediation Payments:
  • Increases in the value of the member’s superannuation interest during the year as a result of:
    • A payment for compensation for a loss suffered due to fraud or dishonesty.
    • A remediation payment (e.g., arrangements where a fund member is compensated for an error or wrongdoing from a superannuation trustee or third party).

For the purpose of Division 296 calculations, the following amounts reduce a member's Total Superannuation Balance (TSB) for the financial year:

• Benefit Payments from Superannuation:
  • Any benefits paid from the member's superannuation interest during the year, such as lump sum withdrawals or pension payments.
  • This explicitly includes any payments made from death benefit pensions being paid to the member.
• Transfers Out of Superannuation
  • Any amount transferred from their superannuation to their spouse's superannuation during the year under a contribution splitting strategy.
  • Any amount transferred from their superannuation during the year under a family law superannuation split.
• Amounts Released Under Authority:
  • Any amounts released under a release authority (e.g., due to excess contributions, Division 293 tax).
• Prescribed by Regulation:
  • Any amount prescribed by regulations for this purpose. (Currently, no such regulations have been made).