
ALT Broadly, for assets acquired before 1 July 2027, the existing 50% CGT discount remains available for the portion of the real gain attributable to the period up to 30 June 2027. From 1 July 2027, the 50% discount is replaced by an inflation-indexed approach, with a minimum tax rate applying to the post-1 July 2027 real gain. The existing small business CGT concessions remain available to eligible businesses, with changes also being made to the turnover threshold for the small business 50% active asset reduction. For business owners, the important point is that the way the capital gain is apportioned between the pre- and post-1 July 2027 periods can affect the CGT ultimately payable. Treasury has proposed an apportionment method for assets without a readily ascertainable market value. Recent analysis has highlighted that this method can produce materially different outcomes from establishing the market value at 1 July 2027.

ALT CGT changes commencing on 1 July 2027 are creating an issue we're increasingly discussing with business owners and advisers. As business valuation specialists, we are also seeing more questions about how a business’s value at that date may ultimately be established and supported. The practical question isn't simply “What are the new tax rules?” It is whether the value of your business at 1 July 2027 may ultimately influence how much CGT you pay when you eventually sell, transfer or transition your business interest. There is a view that the value at 1 July 2027 can simply be determined retrospectively when the business is eventually sold, using the financial information available at the time. But the financials are only part of the valuation... Business value is also influenced by factors such as customer concentration, recurring revenue, owner reliance, management capability and market conditions — difficult to recreate and substantiate years after the event.

ALT After a season of great calls, questionable tips and plenty of friendly rivalry, the results are in! A big congratulations to our 2026 tipping winners — and thanks to everyone who joined in and kept the competition interesting right through to the finals. And what a way to finish the season, with a nail-biter that went right down to the wire!

ALT Considering export growth?📈 If you are exploring new markets or considering exporting as part of your next growth phase, speak with our Strategy360 team. We can help you assess your business readiness, financial capacity and growth plans before you commit resources to an overseas expansion strategy.

ALT Eligible businesses can get help with business planning, marketing, finance, staffing, digital skills and AI, with advice available in person, online or over the phone. For micro and smaller businesses, it’s a useful opportunity to get an external perspective on a challenge or opportunity – and perhaps get a taste of the benefits that good business advice can bring.


















