Div293 NOA
Notes:
Triggered Div293 due to increase in Bonus, super contribution limit of 30K, and utilized unused carry forward balance as it expires 2024-25.
Going forward, even if we have super contribution limit of 30K, and assuming Bonus doesn’t change, Combined Income+Contributions would be 232K+30K=262K, so 262K-250K=12K amount above threshhold
At 15% tax, would be 12K*15%=1.8K additional tax
