@SimonKennedyMP Australia does not have the world’s highest CGT; top rates in countries like Denmark (up to 42%), Norway (37.8%), and the Netherlands (36%)
@goodfoodgal No, the capital gains tax changes don’t apply to superannuation. Super funds, including SMSFs, are explicitly excluded from the new CGT rules — they keep their current one-third discount for assets held over 12 months.
@ricochet_888 No, the capital gains tax changes don’t apply to superannuation. Super funds, including SMSFs, are explicitly excluded from the new CGT rules — they keep their current one-third discount for assets held over 12 months.
@ElaineM11584892 No, the capital gains tax changes don’t apply to superannuation. Super funds, including SMSFs, are explicitly excluded from the new CGT rules — they keep their current one-third discount for assets held over 12 months.
@craigkellyAFEE No, the capital gains tax changes don’t apply to superannuation. Super funds, including SMSFs, are explicitly excluded from the new CGT rules — they keep their current one-third discount for assets held over 12 months.
@RositaDaz48 The PPOR with a VG value over 1 million should be counted in the asset test. Continue to pay them pension and recoup those payments on death of the estate.
@BobcatTraderX@OsherFeldman@BenFordhamLive The new 30% minimum tax on discretionary trusts doesn’t apply to deceased estates. They’re fully exempt. Fixed testamentary trusts are safe too. Only new discretionary ones after budget night get hit from 2028.