1 July 2027

Plain-English education on Australia's 1 July 2027 capital gains tax reform — for property owners, investors, accountants and agents.

Property held on 30 June 2027 is treated as sold and reacquired at its market value just before 1 July 2027. That value becomes the new cost base for later gains, which is why dated evidence matters.

For most individuals, trusts and partnerships the 50% CGT discount is replaced by CPI indexation plus a 30% minimum tax rate. It is not abolished outright — it still applies to gains accruing up to 1 July 2027, and concessional treatment is retained for new residential dwellings and affordable housing.

You have a choice about how the 1 July 2027 value is set: a market valuation, or the free apportioning method the Treasurer sets by legislative instrument. We cover both, and when each makes sense.

General education only — not tax, financial, legal or valuation advice. Confirm your position with a registered tax professional.

1july2027.com.au