Private company shares and 30 June 2027

Does the 30 June 2027 change reach my company?

Mostly not: companies never had the 50% CGT discount, and the main deemed-sale rules don't apply to a company's own assets.

• The 50% discount halves the taxed part of a gain on an asset held at least 12 months. It is for individuals and trusts (super funds get a smaller discount), never companies (ITAA 1997 s 115-10, s 115-25, s 115-100).
• A deemed sale treats an asset as sold just before 1 July 2027 and bought back at market value, broadly the price a willing, informed buyer and seller would agree on (ATO guide). The main rules cover Australian resident individuals (s 112-155) and, generally, trusts (s 112-165).
• The exception is pre-CGT assets, broadly those acquired before 20 September 1985: their own deemed sale also reaches companies, ending their pre-CGT status and resetting their cost base (broadly, what they count as having cost), generally to market value (s 112-175, s 4-5, s 149-10).

Are shares held by me or my family trust covered?

Generally yes: private company shares held by an Australian resident individual or a family trust are treated as sold and bought back just before 1 July 2027.

Shares in a company and units in a unit trust are CGT assets (ITAA 1997 s 108-5). The rule applies if you or your trust acquired them before 1 July 2027 and still hold them when they are sold, or most other CGT events (things that can trigger the tax) happen, on or after that date (s 112-155, s 112-165, s 977-5). Some conditions apply.

• The gain is split. The part up to 30 June 2027 is deferred until the later sale or other CGT event and can still get the 50% discount; the part from 1 July 2027 generally uses indexation, an inflation adjustment to the cost (s 112-160, s 112-170, s 110-36; ATO).
• A company as trustee. Shares a company holds "as trustee for" a family trust generally fall under the trust rules (s 960-100).
• Shares that are still pre-CGT assets (broadly, acquired before 20 September 1985) have their own deemed sale (s 112-175), and a related rule can apply to them (s 112-180).

How is a share valuation different from a business valuation?

A business valuation values the whole business; a share valuation values your particular shares.

The 30 June 2027 rules generally use the market value of the shares you hold (s 112-155(3), s 112-165(3)), so a share valuation looks at:

• The parcel: exactly which shares you or your trust hold. The ATO's valuation guide says a valuation of an interest is better supported when it names the interest valued, such as one shareholder's interest.
• The rights: what the shares carry. The same guide mentions the rights that come with the interest, and the class of shares where a company has several.
• Control: whether the parcel can direct the company. Treasury's draft explanatory statement (not law) says control premiums, the extra value a controlling holding can carry, may affect the value of different holdings in private or closely held companies (August 2026).

What Oliver Group offers shareholders

The CGT 2027 Valuation Package covers a business, shares or trust units: $1,995 + GST, turnover under $2 million, signed planning valuation now plus the update to 30 June 2027 included.

• The planning valuation shows where your shares stand today. The 30 June 2027 value is prepared after that date, as the ATO says a valuation can't be forward-looking (ATO, 19 October 2026).
• One valuation date only: $1,495 + GST. Turnover of $2 million or more: a fixed fee confirmed in writing on the first call.
• Adding a property? You get $300 off the Oliver Group business fee when a property is added. The property is valued and signed by a property valuer, never Oliver Group; see property valuations.

More on Oliver Group's share and unit valuations.

Questions people ask

Another question? Call 03 8375 4177.