{"id":17153,"date":"2026-05-19T17:31:43","date_gmt":"2026-05-19T12:01:43","guid":{"rendered":"https:\/\/befreeltd.com\/au\/?p=17153"},"modified":"2026-05-20T18:16:55","modified_gmt":"2026-05-20T12:46:55","slug":"federal-budget-capital-gains-tax-changes","status":"publish","type":"post","link":"https:\/\/befreeltd.com\/au\/resources\/blogs\/federal-budget-capital-gains-tax-changes\/","title":{"rendered":"Federal Budget 2026 Capital Gains Tax Australia: What Small Business Owners Need to Know"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"17153\" class=\"elementor elementor-17153\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-684f1151 e-flex e-con-boxed e-con e-parent\" data-id=\"684f1151\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7f80aa8c elementor-widget elementor-widget-text-editor\" data-id=\"7f80aa8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If you own a business, investment property, or have held assets for decades, the federal budget 2026 capital gains tax changes are the most important tax developments in a generation. For the first time in 40 years, the rules around how capital gains are taxed in Australia are being fundamentally rewritten, and the clock is already ticking.<\/p><p>Here is what is changing, what it means for you, and what to do before the key deadlines arrive.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b65fd91 elementor-widget elementor-widget-heading\" data-id=\"6b65fd91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Is Changing With Capital Gains Tax in the Australian Federal Budget 2026?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79be99ff elementor-widget elementor-widget-text-editor\" data-id=\"79be99ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The federal budget 2026 introduces three major changes to the capital gains tax in Australia:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4fc987 elementor-widget elementor-widget-heading\" data-id=\"c4fc987\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The 50% CGT discount is being replaced\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c65da0 elementor-widget elementor-widget-text-editor\" data-id=\"5c65da0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tFrom 1 July 2027, the longstanding 50% discount on capital gains for assets held more than 12 months will be replaced by cost base indexation, meaning only the gain above inflation is taxed, rather than half the total gain being exempt. Gains on assets sold before 1 July 2027 retain the existing 50% discount in full.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22f391a elementor-widget elementor-widget-heading\" data-id=\"22f391a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">A 30% minimum tax on capital gains \n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bde0cc5 elementor-widget elementor-widget-text-editor\" data-id=\"bde0cc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>From 1 July 2027, a minimum 30% tax will apply to net <a href=\"https:\/\/befreeltd.com\/au\/services\/tax-outsourcing\/\">capital gains for individuals, trusts, and partnerships<\/a>. This limits the benefit of timing a sale to a low-income year to reduce your tax rate.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8078671 elementor-widget elementor-widget-heading\" data-id=\"8078671\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Pre-1985 assets are no longer exempt \n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ccc19a7 elementor-widget elementor-widget-text-editor\" data-id=\"ccc19a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tAssets acquired before 20 September 1985 have never been subject to CGT &#8211; until now. Under the budget 2026 Australia capital gain tax changes, gains on these assets accruing from 1 July 2027 will be taxable. After nearly 40 years of complete exemption, this is a significant shift for long-term business and property owners.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd13f5d elementor-widget elementor-widget-heading\" data-id=\"dd13f5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Does This Mean for Small Business Owners Specifically?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7e62ed elementor-widget elementor-widget-text-editor\" data-id=\"f7e62ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>For most SME owners, the practical impact falls into three areas.<\/p><p><strong>Business sales and succession:<\/strong> If you are planning to sell your business or transfer ownership in the coming years, the post-July 2027 rules will apply to any gains realised after that date. Timing your exit carefully and structuring it correctly matters more than ever.<\/p><p><strong>Investment properties and assets:<\/strong> The Australian budget 2026 capital gains tax changes affect any asset held personally, through a partnership, or through a discretionary trust. If you hold negatively geared investment properties or have a mixed asset portfolio, your planning assumptions need revisiting.<\/p><p><strong>Long-held or inherited assets:<\/strong> If your business or any associated assets predate September 1985, you will need a formal market valuation as at 1 July 2027. This establishes the cost base going forward so that only gains accruing after that date are taxed. Without a valuation, determining the taxable portion becomes significantly more complex and potentially more costly.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0030ede elementor-widget elementor-widget-heading\" data-id=\"0030ede\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Good News: Small Business CGT Concessions Are Preserved\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ea4305 elementor-widget elementor-widget-text-editor\" data-id=\"5ea4305\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Importantly, the existing small business CGT concessions remain intact under the federal budget 2026 capital gains tax framework. Eligible businesses can still halve or completely disregard CGT on the sale of qualifying active assets &#8211; a vital protection for <a href=\"https:\/\/befreeltd.com\/au\/services\/for-business-owners\/\">business owners<\/a> approaching retirement or succession who have built their business over many years.<\/p><p>If your business qualifies, these concessions can substantially reduce or eliminate your CGT liability even under the new rules. For more information on how the federal budget 2026 affects business owners, read our blog <a href=\"https:\/\/befreeltd.com\/au\/resources\/blogs\/federal-budget-2026-sme-owners\/\">here<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-228457c elementor-widget elementor-widget-heading\" data-id=\"228457c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key Dates for Capital Gains Tax Australia\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b58ed9 elementor-widget elementor-widget-text-editor\" data-id=\"9b58ed9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Before 1 July 2027:<\/strong> Consider selling assets where the 50% discount is more favourable than indexation, or obtain formal valuations of pre-1985 assets<\/li><li><strong>1 July 2027:<\/strong> New CGT rules take effect; 30% minimum tax applies; pre-1985 assets enter the tax net<\/li><li><strong>Now:<\/strong> Review your ownership structures, asset base, and succession plans with your adviser<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e410a1 elementor-widget elementor-widget-text-editor\" data-id=\"5e410a1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Also read: Detailed guide on <a href=\"https:\/\/befreeltd.com\/au\/resources\/blogs\/australian-tax-reform\/\">Australian Tax Reform and how it may impact small business owners.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0718146 elementor-widget elementor-widget-heading\" data-id=\"0718146\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQs: Australia Federal Budget 2026 Capital Gains Tax\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52d082d elementor-widget elementor-widget-n-accordion\" data-id=\"52d082d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:300,&quot;sizes&quot;:[]},&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-8680\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-8680\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Does the 50% CGT discount disappear entirely?  <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-8680\" class=\"elementor-element elementor-element-0d25564 e-con-full e-flex e-con e-child\" data-id=\"0d25564\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-190c7bb elementor-widget elementor-widget-text-editor\" data-id=\"190c7bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tFor most assets, yes &#8211; from 1 July 2027, it is replaced by indexation. Gains on assets sold before that date retain the full 50% discount. Investors in new residential property have the option to choose between the two methods going forward.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-8681\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-8681\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Will my pre-1985 assets be taxed on their full historical gain?  <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-8681\" class=\"elementor-element elementor-element-0a757ff e-con-full e-flex e-con e-child\" data-id=\"0a757ff\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6cf6a6f elementor-widget elementor-widget-text-editor\" data-id=\"6cf6a6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tNo. Only gains accruing after 1 July 2027 are taxable. A market valuation as at that date establishes your new cost base, so historical gains remain untaxed. Acting early to get that valuation documented is strongly advisable.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-8682\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-8682\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Are the small business CGT concessions still available?  <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-8682\" class=\"elementor-element elementor-element-b281f79 e-con-full e-flex e-con e-child\" data-id=\"b281f79\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0b38ef8 elementor-widget elementor-widget-text-editor\" data-id=\"0b38ef8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tYes. The government has confirmed these concessions are preserved under the new framework. Eligible small businesses can still access significant CGT relief on the sale of active assets.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-8683\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-8683\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Do these changes apply to companies?  <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-8683\" class=\"elementor-element elementor-element-10a2bcd e-con-full e-flex e-con e-child\" data-id=\"10a2bcd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2839edb elementor-widget elementor-widget-text-editor\" data-id=\"2839edb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tThe 30% minimum tax and the replacement of the CGT discount apply to individuals, trusts, and partnerships, not companies. Companies are already taxed at a flat rate and are largely unaffected by these specific changes.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Does the 50% CGT discount disappear entirely?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For most assets, yes &#8211; from 1 July 2027, it is replaced by indexation. Gains on assets sold before that date retain the full 50% discount. Investors in new residential property have the option to choose between the two methods going forward.\"}},{\"@type\":\"Question\",\"name\":\"Will my pre-1985 assets be taxed on their full historical gain?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. Only gains accruing after 1 July 2027 are taxable. A market valuation as at that date establishes your new cost base, so historical gains remain untaxed. Acting early to get that valuation documented is strongly advisable.\"}},{\"@type\":\"Question\",\"name\":\"Are the small business CGT concessions still available?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The government has confirmed these concessions are preserved under the new framework. Eligible small businesses can still access significant CGT relief on the sale of active assets.\"}},{\"@type\":\"Question\",\"name\":\"Do these changes apply to companies?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 30% minimum tax and the replacement of the CGT discount apply to individuals, trusts, and partnerships, not companies. Companies are already taxed at a flat rate and are largely unaffected by these specific changes.\"}}]}<\/script>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c643af elementor-widget elementor-widget-text-editor\" data-id=\"6c643af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The capital gains tax changes in the Australian budget 2026 will require careful planning well before the 1 July 2027 deadline. The right structure, the right timing, and the right advice can make a significant difference to your outcome. <a href=\"https:\/\/befreeltd.com\/au\/contact-us\/\">Talk to the Befree team<\/a> to understand what these changes mean for your business specifically.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>If you own a business, investment property, or have held assets for decades, the federal budget 2026 capital gains tax changes are the most important tax developments in a generation. For the first time in 40 years, the rules around how capital gains are taxed in Australia are being fundamentally rewritten, and the clock is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17155,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Capital Gains Tax Changes 2026 Explained in Federal Budget<\/title>\n<meta name=\"description\" content=\"Learn how the 2026 capital gains tax and negative gearing reforms in the federal budget could impact Australian small business owners.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"shwetha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Capital Gains Tax Changes 2026 Explained in Federal Budget","description":"Learn how the 2026 capital gains tax and negative gearing reforms in the federal budget could impact Australian small business owners.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"twitter_misc":{"Written by":"shwetha","Est. reading time":"5 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