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Assuming unrealised is required, and capital is required, and gains is required, the following 71 results were found.

  1. SMSFA encouraged by talk of a deal over super tax

    would be open to discussions on alternative super tax reform if the government walked away from its plans to tax unrealised capital gains. “There’s no doubt in opposition, we will be constructive where we can, but critical where we must, and when it...

  2. ‘A taxpayer-subsidised inheritance scheme:’ Policy analysts slam super tax concessions

    requirements. Furthermore, as taxation academic Miranda Stewart wrote for The Australian Financial Review, unrealised capital gains were still real additions to wealth in super funds. For example, a super death benefit would be calculated based on this...

  3. Treasurer claims ‘no alternative’ to taxing unrealised capital gains

    losses, defined benefit pensions to be valued annually, the ATO to undertake complex calculation of earnings and unrealised capital gains to be included, once again illustrates the absences of any genuine consultation with industry.” He added that on...

  4. Super tax will haunt government: Spender

    radar.” Spender said she was most passionate about the tech and start-up sectors regarding the impact of taxing unrealised capital gains. She said she believes the government “genuinely wants to pursue a high productivity”, but the Division 296 tax will...

  5. SMSFA calls for urgent action on flawed super tax amid growing panic selling

    said a critical flaw in the proposed tax is its calculation of investment earnings, which inexplicably includes unrealised capital gains — penalising SMSF members for paper profits that may never materialise. “No one disputes Treasury’s desire for a...

  6. Corporate leader hopeful Greens will see the light on taxing unrealised capital gains

    that while he is supportive of Better Targeted Superannuation legislation in some form, it is the taxing of unrealised capital gains that has not just the SMSF sector, but the broader corporate world, concerned. Last week, Wilson told SMSF Adviser that...

  7. SMSFA still hopeful Div 296 bill may include amendments

    from across the community come out and express their concerns about this tax, about the implications of taxing unrealised capital gains,” he said. “We know the Prime Minister prides himself on his willingness to listen, so I’m still optimistic that they...

  8. Div 296 now a matter of when, not if

    pass legislation,” he said. “We will continue to alert the government and the Greens to the consequences of taxing unrealised capital gains and will continue to encourage the government to consult with industry on alternatives.” Aaron Dunn, chief...

  9. $95bn loss predicted to Australian economy if Div 296 passes: analysis

    Analysis from one of the country’s biggest asset management firms has revealed a “deadweight loss” of $94.5 billion to the nation’s economy if the Division 296 tax gets over the line. A discussion paper from Wilson Asset Management on the proposal by...

  10. Lowering Div 296 to $2m will impact 1.8m: analysis

    ATO and reveals 47,860 people aged between 55 and 59 will pay 30 per cent total tax on their super earnings and unrealised capital gains if the threshold is lowered. Additionally, nearly 800,000 people under 30 years old would also be impacted by the...

  11. Industry groups urge major parties to rule out taxing unrealised gains

    the political and economic damage such a policy would cause – no such commitment has been made on taxing unrealised capital gains.” It continued that as the Division 296 is still a threat, if it is passed it will set a “dangerous precedent". “Once...

  12. ASFA’s land tax analogy and Div 296 ‘falls short’: industry leader

    concerns. SMSF members with appreciating property values may now be hit with both annual land tax and a tax on unrealised capital gains. If the fund lacks liquidity to cover these taxes, trustees may need to pay out of pocket — an option not always...

  13. Coalition ‘dead against’ Div 296, ASFA ‘not as concerned’

    of this nation, if we have a Dutton-led national government, we are dead against it,” Taylor said. “I mean taxing unrealised capital gains, give me a break. They are unrealised, that's the point. So, how do you pay tax on an unrealised gain? You realise...

  14. Continued uncertainty following pre-election budget

    Little certainty on budget measures leading into an election. What else could we have expected? The federal budget 2024–25 was delivered by Treasurer Jim Chalmers on 25 March 2025, just days out from the 3 May election being called by Prime Minister...

  15. What accountants should look out for in the budget

    But, in the context of superannuation, the government recently tried to pass legislation involving tax on unrealised capital gains. This is not only economically questionable but would be hugely disruptive to many individuals and businesses. Watch out...

    • Type: Article
    • Author: Richard Holden, CAANZ
    • Category: Business

  16. SMSFA says it is time for government to take Div 296 ‘off the table’

    said. “It’s fair to say that we had significantly underestimated their willingness to vote against a tax on unrealised capital gains and also to vote against a tax that had been designed for the large funds with no regard to the carnage that would have...

  17. CA ANZ pushes for government to scrap super tax concessions policy

    design of this proposed legislation, including the lack of indexation of the $3 million cap, the taxation of unrealised capital gains and the carried forward allowance of capital losses,” she said. “There are major design flaws with this proposed...

  18. SMSFA hits back at Chalmers over div 296 consultation claims

    “In some parts of the superannuation system deemed income rates are applied which differ fundamentally from taxing unrealised capital gains,” Burgess explained. “By drawing a parallel between these distinct approaches, the statement confuses the public...

  19. FSC pushes for systemic tax reform ahead of election

    The Financial Services Council is calling for lower corporate tax rates and for the composition of Australia’s taxes to be rebalanced. The Financial Services Council (FSC) is urging the government to reduce and streamline regulation, improve the...

  20. 2024: The year in review

    Reflecting on the major tax developments of 2024 and looking ahead to 2025. Against the backdrop of an unsettling and challenging year due to cost-of-living pressures, the impact of 13 interest rate rises in 15 months and global geo-political tensions,...

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