There are widespread discussions surrounding Capital Gains Tax (CGT) following the Federal Government Budget for 2026–27. These proposed changes are yet to be passed into law by Parliament.
Assets purchased prior to 20 September 1985 are exempt from CGT.
While Flakus and Associates does not provide taxation advice, this information is provided for information purposes only. Always discuss your taxation situation with your accountant.
Tags: capital gains tax, CGT
