New 30% capital gains tax from July 2027 applies to all share sales, even small
From July 2027, a 30% minimum capital gains tax applies to real gains on shares sold, no matter how small.
Confusion has swirled around Australia's new 30% minimum capital gains tax coming July 1, 2027. The rule is straightforward: any real capital gain on shares sold from that date forward faces the 30% floor.
The tax does not apply to gains that accrued before July 1, 2027. Some readers hoped selling small amounts each year would keep them under the tax-free threshold, but that won't work for self-funded retirees.
For them, the 30% tax kicks in on any gain accrued from July 2027 onwards. The only major exemption is age pensioners, who are fully exempt from the 30% minimum tax on post-2027 gains.
The tax's effect will depend on share prices and personal circumstances after the rule takes effect.
- 30%
- New minimum tax rate
- July 1, 2027
- Effective date
- May 28, 2026
- Treasury announcement
- Age pensioners
- Who is exempt
Why it mattersIf you own shares and plan to sell them, you need to understand how much tax you'll owe and plan accordingly.
AustraliaSelf-funded retirees and investors in Australia will pay a 30% minimum tax on share gains from next financial year, affecting retirement planning and investment strategy.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
Open this story in InSnip →
