{"id":796294,"date":"2026-07-12T22:18:08","date_gmt":"2026-07-12T22:18:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/796294\/"},"modified":"2026-07-12T22:18:08","modified_gmt":"2026-07-12T22:18:08","slug":"new-capital-gains-tax-rules-will-strip-discount-for-australians-who-are-overseas-tax-residents","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/796294\/","title":{"rendered":"New capital gains tax rules will strip discount for Australians who are overseas tax residents"},"content":{"rendered":"<p>Australians who work overseas will lose access to any capital gains tax discount on investment properties from July 1, 2027 if they relinquish Australian tax residency during their time abroad.<\/p>\n<p>Ben Turner, an accountant specialising in expat tax at Atlas Wealth Management, said the \u201csurprisingly harsh\u201d new residency requirement is buried in the budget legislation \u2013 which passed parliament in late June.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Australians who work overseas will lose access to any capital gains tax discount on investment properties from July&hellip;\n","protected":false},"author":2,"featured_media":796295,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-796294","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/796294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=796294"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/796294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/796295"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=796294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=796294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=796294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}