Sep 11, 2026 – 4.23pmTreasurer Jim Chalmers has softened the blow to start-up founders and investors facing a tougher capital gains tax regime by backing away from imposing a $10 million lifetime cap on gains eligible for tax concessions.Abandoning the concessional cap he previously proposed in June would maintain incentives for repeat investment by successful start-up backers and be simpler to administer, Chalmers said.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Start-ups not convinced by Chalmers’ tax tweaks
The treasurer softened the capital gains tax hit on investors by scrapping a proposed $10 million lifetime cap on eligible tax concessions.
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