From 1 July 2027, the 50% CGT discount is replaced by cost base indexation and a 30% minimum tax. The growth you've built up to 30 June 2027 can still get the discount, but only if you can show what your practice was worth on that date. Here's what's changing, and how to lift your value before then.

A valuation at 30 June 2027 is not compulsory. But without one, business owners may have no defensible evidence of what the business was worth at that date.

The latest Federal Budget proposals could have significant implications for financial planning businesses. Discover how changes to family trusts, capital gains tax and succession planning may affect your business structure, equity strategy and future exit plans.