Australian Budget · 2026–27

How the proposed crypto tax rules could change everything.

The Australian Government has announced sweeping reforms to how your Bitcoin, Ethereum, and other crypto gains will be taxed — proposed to start 1 July 2027. The measures still need to pass Parliament. Find out how they could affect your wallet and what to do now.

Calculate my tax → See key dates

50%

Old CGT Discount

30%

Min Tax On Gains

1 Jul '27

Key Cutoff Date

3yr

Rollover Window

What's Proposed

Six things that could matter.

Each card summarises a proposed measure from Budget 2026–27. None of these are law yet — all are subject to consultation and require Parliament to pass.

CGT

CGT Discount Abolished

If passed, from 1 July 2027 the 50% CGT discount would be replaced by CPI indexation of your cost base plus a 30% minimum tax on real gains. No replacement discount.

Higher Tax

Trusts

Discretionary Trust Min Tax

If passed, from 1 July 2028 discretionary trusts would pay at least 30% tax on all income — regardless of who it's distributed to. Bucket company strategy would be effectively closed.

Strategy Closed

Property

Negative Gearing Limited

If passed, from 1 July 2027 losses on residential investment properties purchased after 7:30pm AEST 12 May 2026 would only offset other residential property income. Properties held before 12 May 2026 would be grandfathered. New builds retain full negative gearing. Crypto and shares unaffected.

Crypto Unaffected

Deductions

$1,000 Instant Deduction

Proposed for the 2026–27 tax year: claim up to $1,000 in work-related deductions without keeping receipts. Average benefit: $205. Charitable donations claimed on top.

Good News

Relief

3-Year Rollover Window

If passed, from 1 July 2027 to 30 June 2030 you would be able to restructure assets out of a discretionary trust into a company or fixed trust without triggering a CGT event. The gain is deferred, not eliminated.

Act Before 2030

SMSF

SMSF Unaffected

SMSFs are excluded from BOTH changes — the CGT reform and the discretionary trust 30% minimum tax. Already taxed at 15% (10% on assets held 12+ months). One of the most tax-efficient structures for long-term crypto.

Good For SMSFs

What Didn't Change

Five things you can stop worrying about.

The PDFs are clear about what's NOT affected by Budget 2026–27. If you fit any of these categories, your treatment continues as before.

SMSF

Crypto in SMSF

Not affected — SMSFs already taxed at 15%, excluded from both the CGT reform and the trust minimum tax.

Excluded

Short-Term

Held under 12 months

No change — still taxed at full marginal rate. The 50% discount never applied to short-term holdings anyway.

No Change

Capital Losses

Carry-forward losses

No change. Capital losses carried into the new regime continue to offset future gains exactly as before.

No Change

Pre-CGT

Pre-1985 assets

Assets acquired before 20 September 1985 remain exempt for gains accrued before 1 July 2027. Only post-2027 gains become assessable.

Mostly Exempt

Concessions

Main residence + SBE

The main residence exemption and small business CGT concessions remain unchanged by the new rules.

Unchanged

Negative Gearing

Crypto and shares

Negative gearing changes apply to residential property only. Crypto, shares, and other asset classes are not affected.

Property Only