Find out how much tax you could save by acting before 30 June 2027 â in plain English, in under 2 minutes.
â° Deadline: 30 June 2027
1. Your property2. Your tax situation3. Your results
Your property
Enter some basic details about your farmland. Estimates are fine â this is a guide, not a formal tax assessment.
$
Please enter the original purchase price.
Please select the year of purchase.
$
Please enter the current estimated value.
Your total capital gain
Current value minus purchase price
$0
Your tax situation
We use your marginal tax rate to estimate what you’d owe. If you’re not sure of your exact rate, use the simple selector.
Don’t know your marginal rate? Use the simple selector below.
Please select an income bracket.
%
Please enter a tax rate between 1 and 60.
Is this your primary farming business?
If yes, you may qualify for significant additional CGT reductions
What are the small business CGT concessions? (Plain English)
15
The 15-Year Exemption â Potentially zero CGTIf you’ve owned and operated the farm as a business for at least 15 continuous years AND you’re 55 or older (or retiring due to ill health), you may pay zero CGT on the entire sale. This is the most powerful concession available.
RE
The Retirement Exemption â Up to $500,000 tax-freeYou can exempt up to $500,000 of capital gains from tax if you’re using the proceeds for retirement. If you’re under 55, the money must go into superannuation. If you’re 55+, you can keep it directly.
AA
The Active Asset Reduction â An extra 50% off the remaining gainIf the farm is an active business asset (you’re farming it, not just leasing it out passively), you may get an additional 50% reduction on the remaining taxable gain â on top of the 50% CGT discount you already get. This can halve your bill again.
RO
The Rollover â Defer the tax, not avoid itIf you sell the farm and reinvest in another active business asset within 2 years, you can roll the capital gain forward and defer the tax. Useful if you’re restructuring but not ready to pay now.
These concessions can dramatically reduce your CGT bill â but they have strict eligibility rules. We include an estimated adjustment in your results, and strongly recommend a specialist tax adviser confirms your eligibility before you act.
Your CGT estimate
This is what the numbers look like for your property â before and after the 1 July 2027 rule change.
â Act before June 2027
Current rules still apply
50% CGT discount on your full gain
Your total gainâ
50% discount removesâ
Taxable gainâ
Tax rateâ
Estimated tax payable
â
â Do nothing â co no action
New rules apply
50% discount removed â gain fully taxable
Your total gainâ
Discount availableâ
Taxable gainâ
Tax rateâ
Estimated tax payable
â
The difference between acting and doing nothing
This is the estimated extra tax you could be exposed to if you don’t act before 30 June 2027.
âpotential extra tax exposure
Note on small business CGT concessions: Because you indicated this is your primary farming business, you may qualify for additional concessions â including the 15-year exemption (potentially zero CGT), the retirement exemption (up to $500k tax-free) and the active asset reduction. Your actual tax bill could be significantly lower than these estimates. A specialist tax adviser with Division 152 competency can confirm your eligibility.
What’s your next step?
Our job is simple: connect you with a registered valuer who has agribusiness credentials â and help you understand what this means for your specific situation. There’s no obligation, and no sales pitch.
What would you like to do next?
Your details are used only to respond to your enquiry. We do not share or sell your information. Ray White Rural Victoria â jason.hellyer@raywhite.com
â
We’ll be in touch shortly.
Jason Hellyer or a member of the Ray White Rural Victoria team will contact you within one business day. In the meantime, if you’d prefer to call directly:
Director & PrincipalJason Hellyer0403 043 571jason.hellyer@raywhite.com
The window to lock in your CGT position closes 30 June 2027. Acting early gives you more time, more options â and access to valuers before availability fills up.
Important: This calculator provides illustrative estimates only. It is not financial advice, tax advice, or a formal CGT assessment. Individual outcomes depend on your specific holding structure, cost base, eligibility for small business CGT concessions (Division 152 ITAA 1997), and other personal tax circumstances. The “after” scenario assumes the full elimination of the 50% CGT discount for gains accruing after 1 July 2027 â actual legislative treatment will depend on final regulations. Always consult a qualified tax adviser and a registered valuer before making decisions. Ray White Rural Victoria & Australian Farm Leasing