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GMSL(Newbie)Newbie
20 Apr 2026

Hello,


I am an Australian citizen and have lived in Australia for the past 13 years.

Next year, I plan to move to Ireland initially for 18 months, with the possibility of staying longer.


We are planning to travel from May 2027 and expect to settle in Ireland around 3–4 months later.

To help fund the travel, I am considering selling some shares.


If I dispose of the shares in July 2027, will I still be eligible to claim the Australian tax‑free threshold for the 2027 financial year on the capital gains?

Based on my research, this appears to be a grey area.


Thank you for your help.

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76 views
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YellowPotato(Taxicorn)Taxicorn
20 Apr 2026

Best to see a tax agent or ask ATO's technical advice


Based on my research, this appears to be a grey area.


If I dispose of the shares in July 2027, will I still be eligible to claim the Australian tax‑free threshold for the 2027 financial year on the capital gains?

  • No, because July 2027 is in the 2028 financial year
  • Financial year starts in July then to following year June. June 20XX would be the last month of the 20XX year
  • Whether or not there's tax-free threshold, depends on tax residency

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CGT and Tax‑Free Threshold - Selling Shares After Leaving Australia | ATO Community