Nathan, who is currently between his preservation age and $60$ years of age, would like to commence a pension from his superannuation benefit of $$1,000,000,$ which is made up of a $100\%$ taxable component. He has nominated to draw down $8\%$ of his benefit. Calculate his tax payable on this account$-$ based income stream withdrawal. What advice would you give him to reduce his tax payable? $($Assume the financial year is $2023-2$