Should I sell before 1 July 2027?

​It’s a fair question — especially if you’re holding an asset with a large unrealised gain and wondering how the proposed CGT changes could affect you.

With legislation now introduced following the Federal Budget, this is one of those decisions that needs a calculator, not a crystal ball — and it’s something we spend a lot of time helping clients work through.

The proposed CGT changes are intended to start from 1 July 2027, but the detail matters. For many people, the answer won’t be as simple as selling before a date.

There may be reasons not to rush:

• The legislation has been introduced, but it is not yet final
• Selling may trigger tax now
• Transaction costs may reduce any benefit
• You’ll need a plan for what happens to the proceeds
• You may end up selling a good asset for tax reasons alone
• The projected saving may be smaller than expected
• Existing assets may require more detailed modelling depending on timing and future growth

There may also be good reasons to review your position now:

• Large unrealised gains
• A planned sale in the next 1–3 years
• Ownership structure and tax treatment need closer review
• Retirement or estate planning considerations
• A business sale on the horizon
• Debt or cash flow pressure
• Significant expected growth after 1 July 2027

The point is not necessarily to sell early.

The point is to model the options before making a decision.

Budget announcements can create pressure to act quickly, but good advice looks at the numbers, timing and bigger picture.

Review now. Don’t panic.

Follow Brew Accounting for more practical updates on the Budget, tax planning and business advisory.

𝘎𝘦𝘯𝘦𝘳𝘢𝘭 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘰𝘯𝘭𝘺. 𝘗𝘭𝘦𝘢𝘴𝘦 𝘴𝘦𝘦𝘬 𝘢𝘥𝘷𝘪𝘤𝘦 𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘵𝘰 𝘺𝘰𝘶𝘳 𝘤𝘪𝘳𝘤𝘶𝘮𝘴𝘵𝘢𝘯𝘤𝘦𝘴 𝘣𝘦𝘧𝘰𝘳𝘦 𝘮𝘢𝘬𝘪𝘯𝘨 𝘵𝘢𝘹 𝘰𝘳 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯𝘴.