The ATO can’t catch ppl earning cash without declaring it… their going to police the sale of Pokémon cards🤣🤣🤣
2026-07-06 09:03:07
55
Noah Ross :
Yeah I’m not reporting that shit
2026-07-07 05:23:58
61
GAZ74 :
No collectables should be taxed. Australia's tax system is an absolute joke. No one will tell the ato about any collectables. They are kidding themselves...
2026-07-06 16:39:15
57
Brian :
I swear we’re living in the twilight zone, can’t wait to wake up and find out it’s all been a dream
2026-07-06 08:31:19
125
Kophur :
This doesn't make sense, why need a valuation, if you sell it, you have the price. Never before we paid CGT on unrealised gain.
2026-07-06 10:17:01
11
❤️ zalvatierra 😘 :
Our government is broke.. that’s why they are charging us wherever they can.. new road fines, taxes, fees, passport going up, visas going up .. groceries, petrol.. pikachu tax and death taxes.. fines for electric bikes.. we are broke.. and desperate
2026-07-07 00:45:40
16
DeletedUser :
labor knows they not going to lose in the next election. thats why they introduced all these taxes.
2026-07-06 21:54:48
8
Mickel :
so as usual it's a tax grab
2026-07-06 08:29:51
55
Tammy❤️Goddess 🕉️ :
The world has gone literally mad hahaah
2026-07-06 08:57:22
12
tonyn911 :
So, basically the same as “Unrealised Gains”, damn joke
2026-07-06 08:50:49
17
Helen Clark 🇦🇺 :
And how is this going to affect house and contents insurance 😳
2026-07-06 08:47:21
23
Daniel John :
So if I sell something for cash on Facebook marketplace. How will they know I made a profit?
2026-07-07 02:59:47
8
mega65 :
lol. 100% tax grab
2026-07-06 08:29:52
18
Terry Watts :
this is communism
2026-07-06 09:13:10
17
Leftist Ragebaiter 🇺🇸 :
simple solution, just don't tell the ATO
2026-07-07 01:00:23
5
splitpin :
Thanks for your expertise, this govt has lost the plot
2026-07-06 10:30:16
15
Reg Tarpon :
It’s always been a tax grab. The government can’t stop spending and expanding its public service.
2026-07-06 09:50:53
7
Vtra2004 :
How can they define what's collectible and what's not? If I collect old Nokia phones, what stops me from collecting Samsung phones?
2026-07-06 22:21:53
6
Brad 🇦🇺 :
Think Cash is due for a big comeback. Or you didn’t sell 1 collectible you sold a couple with an average value under $500 each. Is the rolex you wear daily considered a collectible?
2026-07-06 09:43:15
7
MrG :
If you have a car lets say a Holden Commodore SS Brock it maybe collectable CAPITAL GAINS TAX. It's easier to vote the government out.
2026-07-06 10:47:01
9
thegrimreaper2323 :
So what happens to collectibles that have fallen in value? Can I claim the losses? I have an autograph collection that was valued at $250k 10 years ago. It’s now valued at $79k, can I claim $180k in losses?
2026-07-06 10:09:34
14
uncle_chop_chop123 :
it's time to start looking at moving overseas, my eldest 2 are already in the throws of moving to Japan
2026-07-06 11:31:10
5
no_user_name :
do u have to pay the tax on sale or is it every yr of ownership thats it appreciated
2026-07-07 23:43:54
1
🙂 William McFly :
whats next a tamagotchi tax 😂
2026-07-07 10:45:21
2
kiss road crew :
ok so if the value drops then U can claim it as a loss
2026-07-07 18:22:36
2
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