Jun 18, 2026 – 3.39pmFounders and investors in a narrow range of start-ups that are approved as innovative by the federal government, such as technology and biotechnology firms, will be eligible for a 50 per cent discount on capital gains under adjustments proposed by the Albanese government.But to limit the size of the tax break available to start-up investors, a lifetime cap will be introduced of $10 million on capital gains (before the discount) and individual shareholders limited to a maximum $2.4 million tax benefit during their lives.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Start-up founders deplore CGT carve-out ‘own goal’
Founders and investors say there is “great disappointment and frustration” at the government’s adjustments.
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