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

  1. Give $3m-plus super balances free rein to restructure: NTAA

    15 per cent additional tax.” In common with other critics, the NTAA also highlighted that the tax would apply to unrealised capital gains which was: Inconsistent with the existing tax law. A negation of the general CGT discount. Creating a tax liability...

  2. 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...

  3. Farmers, small business ‘to bear brunt of $3m super tax’

    business communities” were most likely to be adversely affected by the proposed legislation thanks to its tax on unrealised capital gains. In its submission on the Division 296 measure, which adds an extra 15 per cent tax on total super balances (TSBs)...

  4. Div 296 unlikely to enter parliament in first sitting fortnight

    maintained that Labor’s intention is to “legislate the package that we proposed more than two years ago”. “The unrealised capital gains calculation was recommended to us by Treasury. We provided years of opportunities for people to suggest different...

  5. 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...

  6. Div 296 must be considered ‘holistically’, IPA says

    would create inequitable outcomes and practical compliance challenges for affected taxpayers. The inclusion of unrealised capital gains in the calculation of earnings, the lack of a refund mechanism for negative earnings, the absence of indexation for...

  7. Delay in Div 296 tax ‘no surprise’: SMSFA

    and we know that is a consideration,” he said. “The government is obviously very concerned about the taxation of unrealised capital gains, and the unintended consequences that flow from that. I think the other thing is that the government is trying to...

  8. Deferred tax accounting not guaranteed to improve Div 296 outcome

    a provision for deferred tax accounting, we're recognising a liability for the tax which would be payable on our unrealised capital gains if those assets were sold at year end,” she explained. “Conversely, if we're in a loss position, then we might be...

  9. 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...

  10. 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...

  11. Coalition would reverse Div 296 tax: Howarth

    basically just need the Greens to support them, and they're all in on this. They [the Greens] don't mind taxing unrealised capital gains and taxing people more. They also want to lower the threshold and make it retrospective.” He continued that if the...

  12. Coalition will oppose increase to sophisticated investor thresholds: Senator Hume

    oppose it for its consequences for younger Australians.” Moreover, Hume criticised Labor's proposed taxation of unrealised capital gains, labelling it as unprecedented and likely to deter investment in certain asset classes. “We know self-managed super...

    • Type: Article
    • Author: Maja Garaca Djurdjevic
    • Category: Business

  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. 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...

  15. CA ANZ proposes simpler solutions to $3m super tax

    The government should consider simpler and more effective solutions to the current policy proposal for the $3 million super tax, says CA ANZ. CA ANZ has outlined that while it remains opposed to imposing an additional tax on earnings for member...

  16. Bumper part 2: what to look out for in 2026

    Accountants need to stay informed about 2026 tax and superannuation changes, plus developments in generative AI. This article is the second in a two-part series that reflects on the major developments that have shaped the tax and superannuation...

  17. Budget forecast for super tax ‘litmus test’ for unrealised gains

    If the government sticks to its $2 billion revenue projection, then investors will move funds out of super, says SMSF Association. The SMSF sector will be watching the budget closely next week to see if the proposed super tax will produce $2 billion...

  18. Budget backflip on testamentary trusts not all that it seems

    for the passage of the truly intended changes. Certainly, following the hugely controversial proposal to tax unrealised capital gains, the lobbying to prevent that one aspect of the attack on self-funded retirees, meant that few (if any) of the aspects...

  19. Auditor rallies younger members to fight against $3m super tax

    the proposed changes, which will double the tax rate for earnings on super balances above $3 million and tax unrealised capital gains, highlighting Ms Randeria’s concerns. “These measures will fundamentally change what is one of the best superannuation...

  20. 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...

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