The 2026–27 Budget announced changes to capital gains tax from 1 July 2027. Agency owners considering a sale should check the current rules and obtain advice specific to their assets, ownership structure and timing.
What the announcement says
The Budget tax reform summary describes replacing the 50% discount with an inflation-based approach and introducing a minimum 30% tax on gains from 1 July 2027. Transitional treatment and the relevant legislation matter; a headline does not determine the tax on a particular business sale.
Small business concessions require eligibility checks
The ATO concessions guidance explains that turnover is only part of eligibility. Other conditions apply, including conditions specific to each concession. Being below a turnover or asset threshold alone does not guarantee that a sale is unaffected or exempt.
Before making a decision
Ask your registered tax adviser to assess your actual asset, ownership and proposed transaction against current law. This article does not recommend accelerating a sale, restructuring or assuming a particular concession applies. A tax announcement also does not establish that a prospect is hiring or wants recruitment assistance.
Official sources reviewed 11 October 2026. Original publication metadata retained; this is general information, not individual tax advice.