# 30 June 2027 guides

URL: https://valuationday.com.au/guides
Reviewed: 2026-10-24

**Short answer:** Valuation Day's 30 June 2027 guides explain Australia's capital gains tax (CGT) change in plain English for property owners, business owners, family trusts, shareholders and accountants. From 1 July 2027, the 50% CGT discount for individuals and trusts no longer applies to the part of a gain that builds up from that date.

## What do the 30 June 2027 guides cover?

The guides explain, one question at a time, how capital gains tax (CGT) treats what you own across 30 June 2027. CGT is the part of income tax paid on profits from disposing of assets such as property and shares ([ATO](https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/what-is-capital-gains-tax)).

Each 30 June 2027 guide below is grouped by who it is for, cites the Income Tax Assessment Act 1997 (ITAA 1997) or the ATO, and shows when it was last reviewed.

Valuation Day is an education platform by Valuo. "Valuation Day" is our name for 30 June 2027, not an official term. The guides cover Australian law and are general information, not tax advice: ask your accountant.

Reviewed 24 October 2026.

## What changes at 30 June 2027, in brief?

From 1 July 2027, the 50% CGT discount for individuals and trusts no longer applies to the part of a gain that builds up from that date (ITAA 1997 s 115-100; [ATO](https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/capital-gains-tax-reform)). That discount halves an eligible capital gain on an asset held for at least 12 months (ITAA 1997 s 115-25).

- **Assets held across the date.** If an individual or trust still holds an asset on 1 July 2027, the law generally treats it as sold just before that date and bought back at market value, broadly the price a willing buyer and seller would agree on (ITAA 1997 ss 112-155, 112-165; [ATO valuation guide](https://www.ato.gov.au/law/view/document?DocID=SGM/market_val)). This deemed sale happens on paper only.
- **The gain up to 30 June 2027** is generally still eligible for the 50% discount when the asset is later sold (ITAA 1997 ss 112-160, 112-170).
- **Some assets are excluded,** such as new residential dwellings that meet the law's tests, and affordable housing (ITAA 1997 ss 112-155(1)(e), 115-102, 115-125). Assets acquired before 20 September 1985 are not excluded: they have their own deemed sale (ITAA 1997 s 112-175).
- **Your 2026-27 tax return.** The ATO says that, generally, you don't need to know the market value to complete it; the split is worked out when you later sell ([ATO](https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/capital-gains-tax-reform)).

The full explainer, with a timeline, is [CGT changes from 1 July 2027](https://valuationday.com.au/cgt-changes-1-july-2027).

## Which guides are for property owners?

Property owners can start with the property page, then read the two property guides.

| Guide | What it answers | Route | Reading time |
| --- | --- | --- | --- |
| [Property valuation at 30 June 2027](https://valuationday.com.au/property) | Start here: what changes for property, which properties it covers, your home, who values property and the cost. | /property | 6 min |
| [Your home and 30 June 2027](https://valuationday.com.au/guides/your-home) | Whether your home is affected, and when a former home, holiday home, new build or overseas sale can differ. | /guides/your-home | 6 min |
| [Who can value property for CGT?](https://valuationday.com.au/guides/who-can-value-property) | What the ATO says, which states have rules on property valuers, and how an agent's appraisal differs from a valuation. | /guides/who-can-value-property | 6 min |

If a family trust owns the property, see also [family trusts and the 30 June 2027 CGT change](https://valuationday.com.au/family-trusts).

## Which guides are for business owners?

Business owners can start with the business page, which covers businesses, shares and trust units.

| Guide | What it answers | Route | Reading time |
| --- | --- | --- | --- |
| [Your business and 30 June 2027](https://valuationday.com.au/business) | Start here: what changes for business owners, which business interests it reaches, and how the package works. | /business | 6 min |
| [Valuation or the apportioning method for 30 June 2027?](https://valuationday.com.au/guides/valuation-or-apportioning-method) | Market value or the formula: whether the method has been made, when the choice is made and how the two can differ. | /guides/valuation-or-apportioning-method | 6 min |

If a company or family trust owns the business, see also [private company shares](https://valuationday.com.au/shareholders) and [family trusts](https://valuationday.com.au/family-trusts).

## Which guides are for family trusts and shareholders?

Trustees and private company shareholders each have their own page.

| Guide | What it answers | Route | Reading time |
| --- | --- | --- | --- |
| [Family trusts and the 30 June 2027 CGT change](https://valuationday.com.au/family-trusts) | Which trust assets are covered, what happens when the trustee is a company, and what a trustee can get valued. | /family-trusts | 5 min |
| [Private company shares and 30 June 2027](https://valuationday.com.au/shareholders) | Whether the change reaches your company, when shares held by you or your family trust are covered, and how shares are valued. | /shareholders | 5 min |

## Which guide is for accountants?

Accountants have a kit of their own, with material to pass on to clients.

| Guide | What it answers | Route | Reading time |
| --- | --- | --- | --- |
| [30 June 2027 valuations: a kit for accountants](https://valuationday.com.au/accountants) | A client explainer, a letter to adapt, a sourced fact sheet and how to send a client. | /accountants | 4 min |

## Which guides are for everyone?

Five pages answer the questions almost everyone asks, starting with what changes.

| Guide | What it answers | Route | Reading time |
| --- | --- | --- | --- |
| [CGT changes from 1 July 2027](https://valuationday.com.au/cgt-changes-1-july-2027) | Start here: what changes, why 30 June 2027 matters, the key dates and who is affected. | /cgt-changes-1-july-2027 | 7 min |
| [Do I need a valuation for 30 June 2027?](https://valuationday.com.au/guides/do-i-need-a-valuation) | What the ATO said on 19 October 2026, where the formula fits and when a valuation may be useful. | /guides/do-i-need-a-valuation | 6 min |
| [Treated as sold and bought back: the deemed sale explained](https://valuationday.com.au/guides/deemed-sale-market-value) | What the 30 June 2027 deemed sale is, who it applies to, whether it is taxed and what market value means. | /guides/deemed-sale-market-value | 6 min |
| [When can a 30 June 2027 valuation be done?](https://valuationday.com.au/guides/when-can-it-be-done) | Why it is prepared after that date, what you can do before then, and whether it can wait until you sell. | /guides/when-can-it-be-done | 6 min |
| [30 June 2027 checklist: what records to keep](https://valuationday.com.au/guides/30-june-2027-checklist) | Business, property, share and trust unit records worth keeping from around 30 June 2027, and how to store them. | /guides/30-june-2027-checklist | 5 min |

## Questions people ask

### What is Valuation Day?

Valuation Day is the name Valuo's education platform gives 30 June 2027, the last day before Australia's capital gains tax changes start on 1 July 2027. It is not an official term. The Valuation Day guides explain the change in plain English, with sources.

### Which 30 June 2027 guide should I read first?

Start with Valuation Day's explainer of the CGT changes from 1 July 2027, then choose your group: property owners, business owners, family trusts and shareholders, or accountants. If your question is whether a valuation may be useful, read "Do I need a valuation for 30 June 2027?" next.

### Can a 30 June 2027 valuation be done now?

No. The ATO said on 19 October 2026 that a 30 June 2027 valuation should not be obtained before that date, because a valuation can't be forward-looking, and that one does not have to be in place on the day. A valuation as at today can be prepared now for planning.

### Is market value the only way to split a gain at 30 June 2027?

Not necessarily. For the 30 June 2027 deemed sale, the ATO says most assets, including real estate, will need a market value established when sold, unless the apportioning method can be used. That formula (ITAA 1997 s 112-185) had not been made at 24 October 2026 and may not cover every asset.

### Does the 30 June 2027 change affect companies?

Companies never had the 50% CGT discount, and the main 30 June 2027 deemed-sale rules apply to individuals and trusts, not a company's own assets, except assets it acquired before 20 September 1985 (ITAA 1997 ss 115-10, 112-155, 112-165, 112-175). Shares in a private company held by an individual or family trust are generally covered.

## Next step

If a valuation may be useful, the first step is a fixed fee in writing.

- **Business, shares or trust units.** CGT 2027 Valuation Package: $1,995 + GST, turnover under $2 million, signed planning valuation now plus the update to 30 June 2027 included. One valuation date only: $1,495 + GST. Turnover of $2 million or more: fixed fee confirmed in writing on the first call. [Value my business](https://valuationday.com.au/get-valued?path=business)
- **Property: investment, holiday or commercial.** Oliver Group arranges it, and the property is valued and signed by a property valuer, never Oliver Group. Values as at today, and as at 30 June 2027 once that date has passed. The fee is quoted in writing before any work begins. [Value my property](https://valuationday.com.au/get-valued?path=property)
- **Both.** $300 off the Oliver Group business fee when a property is added. [Value both](https://valuationday.com.au/get-valued?path=both)

[Get my fixed fee](https://valuationday.com.au/get-valued) or call the valuer on 03 8375 4177.

- The ATO says you don't need a valuation in place on the day. We'll tell you if one may be useful for you.
- The fee is fixed in writing before any work starts.
- Independent: the fee is never tied to the answer.

Get my fixed fee: https://valuationday.com.au/get-valued. Phone 03 8375 4177.

## Related

- [What changes on 1 July 2027, with a timeline](https://valuationday.com.au/cgt-changes-1-july-2027)
- [Property valuation at 30 June 2027](https://valuationday.com.au/property)
- [Your business and 30 June 2027](https://valuationday.com.au/business)
- [Does the CGT change affect me? Five quick questions](https://valuationday.com.au/does-it-affect-me)
- [Get a fixed fee in writing](https://valuationday.com.au/get-valued)
- [Questions about 30 June 2027](https://valuationday.com.au/faq)
- [Glossary of the terms](https://valuationday.com.au/glossary)

## Sources

- [Income Tax Assessment Act 1997, s 115-100](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, s 115-25](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, s 115-10](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, s 112-155, 112-160, 112-165, 112-170](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, s 112-175](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, s 149-10](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, s 112-185](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, s 115-102, 115-125](https://www.legislation.gov.au/C2004A05138/latest/text)
- [ATO, Capital gains tax reform (published 13 October 2026, QC 108170)](https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/capital-gains-tax-reform)
- [ATO, CGT reform: guidance and market valuations, tax professionals newsroom (published 19 October 2026, QC 108200)](https://www.ato.gov.au/tax-and-super-professionals/for-tax-professionals/tax-professionals-newsroom/cgt-reform-guidance-and-market-valuations)
- [ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/what-is-capital-gains-tax](https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/what-is-capital-gains-tax)
- [ATO, Market valuation for tax purposes (guide, current at February 2025)](https://www.ato.gov.au/law/view/document?DocID=SGM/market_val)
- Treasury exposure draft, Income Tax Assessment (Method for Apportioning Capital Gains and Capital Losses) Determination 2026, s 5(2)
- Federal Register of Legislation title search, 24 October 2026: no apportioning determination
- [Valuation Day, About](https://valuationday.com.au/about)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 115-100(a), (aa) and (ab)](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 112-160(3) and note 3, s 112-170(3) and note 3](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 112-155](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 112-165](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 112-155(1)(a), (d) and (e), s 112-165(1)(a), (d) and (e)](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Parliamentary Library, Bills Digest No. 24, 2026-27, Treasury Laws Amendment (Tax Reform No. 3) Bill 2026 and related Bill (22 October 2026)](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2627/27bd024)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 112-175, s 104-10(5), s 149-10 (note 2), s 4-5](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 112-155(3), s 112-185](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Federal Register of Legislation, search for "apportioning capital gains" on 24 October 2026 (only the Act and the amending Act; no instrument)](https://www.legislation.gov.au/search/text(%22apportioning%20capital%20gains%22,nameAndText,contains)/pointintime(Latest))
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 112-185, s 112-155(3)(b)](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 115-10, s 110-36(1A), s 119-10(1), s 112-155, s 112-165, s 112-175](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Income Tax Assessment Act 1997, compilation No. 268 (1 October 2026), s 108-5 (note 1), s 112-155, s 112-165](https://www.legislation.gov.au/C2004A05138/latest/text)
- [Valuation Day, Packages](https://valuationday.com.au/packages)
- [Valuation Day, Property](https://valuationday.com.au/property)

Reviewed 2026-10-24.

Valuation Day is an education platform by Valuo. Valuations are by Oliver Group, part of Valuo. Oliver Group is operated by Valuation Group Pty Ltd, ABN 48 702 469 252. Not a government website and not affiliated with the ATO. Oliver Group provides valuation services only. Obtain taxation advice from your accountant or tax adviser. General information only, not tax advice.