Jul 13, 2026 – 5.00amQ: I have a portfolio of shares that has gained $100,000 over several years. I am wondering about selling some before June 30, 2027, when the new capital gains tax discount rules come in. Under which system am I likely to pay less tax? To use an example of one shareholding, in 2015 I bought 97 shares at $76 each, and in 2019 another 41 at $120 each. The shares are now worth about $250 each. How will the two CGT systems differ? I’m in my 60s, retired, and my marginal tax rate is 16 per cent (excluding the Medicare levy). Sandra A: Selling before June 30, 2027 may not always minimise tax, says Peter Bembrick, tax services partner at HLB Mann Judd.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Should I sell now to dodge the new CGT discount rules, or hold off?
Investors wondering which capital gains tax discount system will give them the lowest tax outcome will need to consider a number of variables.
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