Blog

Tax Depreciation, CGT Valuations and What Property Investors Need to Know 

The key point for investors to note is that tax depreciation schedules and capital gains tax valuations still remain important. And under the new proposed tax system, they will become more important given the announced reforms to the 50 per cent capital gains tax discount and negative gearing changes. 

Negative Gearing changes and its impact on Investors, fall under three groups of properties. 

1. Grandfathering (purchased on or before 12 May 2026) 

2. Transition period (purchased between 12 May 2026 and 1 July 2027) 

3. Purchased on or after 1 July 2027. 

There’s more to these reforms! Getting the correct information is critical. 

Contact Blackburn Accounting. We can guide you through the Budget announcements and implications and help take the stress and worry out of tax matters. 

We are your family Business specialists, offering a broad range of services, including Family Business Management, Cashflow Management and Business Development. 

Support for Businesses

The ATO is streamlining access to temporary relief from tax obligations for eligible Businesses until 30 June 2026. This includes more generous payment plans, remission of interest and penalties, support in varying pay as you go (PAYG) instalments where there has been a reduction in taxable income, and a new dedicated channel for Businesses to access relief.

Some compliance actions will also be limited across the worst affected industries, and debt collection actions may be paused where appropriate.