Tax on Unrealised Capital Gains: What You Need to Know
9 Articles
9 Articles
If you sell shares with loss, you may be able to charge them with profits. What you need to bear in mind in the tax return.
Australian Government Faces Backlash for Exempting Politicians From New Insane Tax · Caldron Pool
The Australian government’s new superannuation tax, set to come into effect in July 2025, has ignited a firestorm of criticism after it was revealed that politicians and certain high-ranking officials will be exempt from the measure. Experts are warning that the tax could essentially be a “double-tax” on inheritance and could ultimately harm property ownership, making Australia a nation of renters rather than owners. The new policy, introduced b…
Concern as Govt puts superannuation tax back on the table - Beef Central
Business and agricultural groups have raised concerns about the Federal Government’s plan to revive its increased taxes on superannuation balances – which would impact thousands of Australian farms held in “self-managed super funds”...
Diplomacy needed to extract marginal super tax change - Financial Newswire
ANALYSIS Few people in the financial services sector believe that the taxation of unrealised capital gains via the Government’s $3 million superannuation tax concession cap legislation is a good idea but the 3 may election result removed their political leverage. Notwithstanding the dramatic headlines of self-managed superannuation fund (SMSF) trustees rushing to sell assets to avoid the implications of the tax, and the warnings of a dearth of v…
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