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Capital gains tax

November

RBA governor Michele Bullock is not for turning.

RBA underestimating risk of recession

Readers’ letters on interest rates; Future Fund investments; a fix for capital gains tax; the response to COVID-19; the influence of founders; data-driven investing; and the ghosts of Christmases past.

Steven Kennedy has played down the prospect of changes to negative gearing or capital gains tax.

Changing CGT, negative gearing won’t help housing supply: Treasury

Treasury secretary Steven Kennedy says curbing the capital gains tax deduction would have more impact on lowering house prices than changes to negative gearing, but neither would help boost supply.

  • Phillip Coorey and Hannah Wootton

October

Costello backs negative gearing: ‘It’s not a concession’

Both the former treasurer and Opposition Leader Peter Dutton say negative gearing should be upheld as a basic principle of our tax system.

  • Campbell Kwan and Nick Lenaghan
The rate of price growth is already slowing, even in the strongest markets.

‘Be careful what you wish for’ in property tax reform

Any benefit from falling house prices by curbing investor concessions may be short-lived. And there would be a price to pay, say property experts.

  • Nick Lenaghan
While economists have mixed views on negative gearing, almost all agree there is a strong case to review and scale back the 50 per cent capital gains tax discount.

Curtailing capital gains tax discount could raise $5b

While economists are mixed on negative gearing, almost all agree there is a strong case to review and scale back the 50 per cent CGT markdown.

  • Michael Read
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Change the tax framework? The changes would be less than both sides of the debate argue.

We’re more nuanced on negative gearing than five years ago

Disadvantages for investors – and gains for aspiring owners – would be more modest than many expect, if Australia’s property tax regime changed.

  • Robert Harley
The ATO looks at how lifestyles match up with declared income.

How the ATO caught taxpayers cheating on ‘lifestyle’ assets

The Tax Office has provided The Australian Financial Review with exclusive details about some recent investigations.

  • Duncan Hughes
Treasurer Jim Chalmers.

Chalmers digs in on negative gearing advice

Treasurer Jim Chalmers again hedged when questioned if he had asked officials to model changes to tax concessions for property investors.

  • Updated
  • Tom McIlroy

September

Anthony Albanese on the hustings in Tasmania on Wednesday

PM yet to be convinced housing tax changes won’t hurt supply

The prime minister says Treasury is looking at ways to curb the use of negative gearing and capital gains tax, but it wasn’t his idea.

  • Phillip Coorey
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Inflation cools; PM targets negative gearing; Macquarie fined

Read everything that’s happened in the news so far today.

Prime Minister Anthony Albanese is questioned over negative gearing in Launceston.

Albanese confirms negative gearing and CGT options under review

The prime minister says Treasury is looking at ways to curb their use, but refused to say whether it is at the federal government’s request.

  • Phillip Coorey

August

Policy information will be sought for boats worth $100,000 plus.

Yachts, fine art and investment properties targeted by ATO

The ATO will use data from insurance and property management companies to cross-check taxpayer claims.

  • Duncan Hughes
Macquarie’s AirTrunk is the first big test of tax changes.

AirTrunk’s $20b auction the first big test of tax changes

The heat around the Macquarie-backed data centre group has so far papered over the questions raised by two tax changes – one legislated, one prospective.

  • Anthony Macdonald

July

We inherited dad’s house in the UK – where to pay capital gains tax?

Sisters who moved countries find tax and administration penalties could eat into their inheritance.

June

Fast-rising wages and asset prices will leave more Australians facing Division 293 tax on their income and deciding whether to pay it from their super.

Why you could be caught by the ‘wealth tax’ this year

Fast-rising wages and asset prices will leave more Australians facing Division 293 tax on their income and deciding whether to pay it from their super.

  • Tom Richardson
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The most important thing an investor can do to take advantage of compound interest is to start as young as possible.

How anyone can turn $5000 into more than $400,000

Building wealth can be simple if you stay disciplined. Here are six essential lessons for share investors.

  • Tom Richardson

How to take the tax sting out of inheriting shares

Nearly $5 trillion will be passed on over the next decade. But advisers warn it’s easy to fumble a pricey portfolio if you’re not careful.

  • Lucy Dean
One of the principal benefits of home ownership is long-term financial security.

Why Gen Z’s share portfolios should be free of capital gains tax

There’s little prospect of housing affordability improving, so the portfolios of young savers should get the same tax-free treatment as the family home.

  • James Weir

May

Perpetual chief executive Rob Adams. The company bit off more than it could chew by paying too much for rival funds manager Pendal – and using debt to fund the deal.

Two things can be true in Perpetual’s shock break-up

Perpetual is trying to get shareholders to look strictly at the numbers in a bid to take emotion out of its break-up. KKR’s $2.2 billion of cash can’t hurt.

  • Anthony Macdonald

The investment shift that could undermine your wealth plan

Whether to invest for income or growth is not the right question to ask for those in or moving to retirement.

  • Tim Mackay

Original URL: https://www.afr.com/topic/capital-gains-tax-hoz