Question about proposed new tax rules: let say I have investment property which I bought 10 years ago (i'm retired now). According to the new scheme, the sale of this property will be regulated by old tax rules (50% tax discount applies) regardless of the time of sale (eg even after 1/7/27). But will the minimum 30% tax rule apply if I'll sell it after 1/7/27, or it will be taxed on my marginal scale?
From budget papers
"A minimum tax rate of 30 per cent will apply to real capital gains accruing from 1 July 2027"
Your statement:
"According to the new scheme, the sale of this property will be regulated by old tax rules (50% tax discount applies) regardless of the time of sale (eg even after 1/7/27)."
Not according to the budget papers.
"Assets owned prior to 1 July 2027 and sold after 1 July 2027 will be treated under current arrangements on gains made prior to this date, and under the new arrangements for gains made after this date "
Yes, you right - I incorrectly formulated my understanding. But, the document, you mentioned, clarifies : "Assets owned prior to 1 July 2027 and sold after 1 July 2027 will be treated under current arrangements on gains made prior to this date, and under the new arrangements for gains made after this date (with no impact until gains are realised)". Does words "current arrangements" presume marginal tax and not "minimum 30%"?
Hi @Joseph123
The measures announced in the 2026 Federal Budget are not yet law. It's too early for us to be able to comment, but you can read more about the proposed changes in the 2026-27 Budget papers.
21 May 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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