Couple learns capital gains tax applies even without rental income
A couple questioned if they would owe capital gains tax (CGT) after ceasing rental income from their holiday home in 2022. Experts confirmed that CGT applies even without rental income, requiring good record-keeping for accurate tax assessment. They recommended selling before June 30, 2027, to benefit from existing tax rules before potential changes take effect.
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Published 30 Jun 2026, 19:01 UTC · Updated 30 Jun 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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