The Wise Accountant
Region: AU
Tuesday 23 June 2026 07:42:47 GMT
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watermelon5600 :
I used to like your clip's before you became a politician
2026-06-23 10:22:58
12
Yikes :
I havent seen anywhere where they’re trying to say they’re bringing back the 50% CGT discount… you’re just spewing lies
2026-06-23 07:58:01
6
Buddha4you :
Please make a part 3, where you give a fully worked example of the before, the original proposal, and the revised situation. That would help people understand the impact.
2026-06-23 07:49:36
15
Husstictok :
Thanks for the clarification
2026-06-23 09:33:34
9
Syl :
im old enough to remember indexation in my junior accounting years. oh the errors coming.
2026-06-23 10:06:55
3
Gazzmo :
Why shouldn’t businesses pay their share of tax on profit when everyone else has to
2026-06-24 09:36:08
5
icecool :
I am lost. so the only change is that they have increase the turnover threshold for bussiness from $2m to $8m to able to claim the 50% discount from the sale of bussiness and index other capital gain from the bussines .
2026-06-24 23:50:05
0
SPFB :
I think I need a diagram and an explanation suitable for a five year old.
2026-06-23 09:24:18
2
mkod :
When will this take effect from?
2026-06-23 09:45:22
1
zane :
The 50% discount was supposed to be a simplification! All the whinging is just more proof that it was overcompensating.
2026-06-25 02:20:01
4
Twccam :
Can you explain how we will calculate the cost base on shares that pay tax deferred distributions now that we are moving to the CPI model… do we increase the cost base by CPI each year and then deduct the distribution
2026-06-24 12:17:21
1
Mark :
They never got rid of the small business tax concessions. There was still a 50% discount for small businesses and 100% discount for small businesses that have operated for more than 15 years
2026-06-28 15:29:20
1
G :
That’s not how it is being presented at all 👀 Does ACCC or any consumer watchdog have any power over this misrepresentation?
2026-06-23 11:49:59
2
oneticktock :
CGT 50 discount will be removed and replaced by investment cost base indexation. Does the indexation apply to investment in Term Deposits of more than twelve months term?
2026-06-23 16:09:44
2
Thomas John Palmer :
Basically it’s an incentive to not grow your business
2026-06-24 09:48:26
1
JJ :
great content and analysis, the top fits you well also! keep up the great work. 😁
2026-06-28 07:34:17
0
sharper :
OMG!
2026-06-26 21:30:05
0
user8337908721330 :
they didn't tell us that everything is effected by this cgt. if you own anything that will go up in value. such as classic cars. art works . jewellery. trading cards .family heirlooms. antiques. will all be taxed under this cgt
2026-06-29 05:20:58
0
Christof :
how about the cgt now on collectables and personal use assets.... i need say no more
2026-06-23 23:21:56
1
Jass :
Please make one abt no more lending for residency property inside of SMSF
2026-06-23 22:15:46
1
Theballwasinchalkflewup :
Isn’t the discount still applied on capital growth to 30/6/27? Then subsequent growth indexed? So a 2 part calculation. Methodology to determine MV of a small business as at 30/6/27 would need to be considered.
2026-06-25 04:47:59
0
Andy :
Good stuff, keep up the good fight
2026-06-24 09:27:07
0
the 🇦🇺 patriot :
It’s a tax grab by a socialist government
2026-06-24 07:20:10
3
FT :
Boomers are protected but young struggling Aussies that are disciplined and trying to get to a home deposit by investing in shares are now required to pay more tax to take years longer to “get on the property ladder”. Meanwhile the big developers are not affected at all. it’s just smoke and mirrors.
2026-06-23 16:20:35
1
Michael :
The average Joe and myself have not got a hope in hell of understanding the tax laws. Lots of people are going to have glazed eyes when speaking with their accountant. Might be easier to vote Albo and Jim out next election.
2026-06-23 10:13:52
1
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