This request sought budget analysis on the revenue forgone in relation to the cost of negative gearing and the capital gains tax discount applied to residential properties. 

This analysis was to include the annual tax revenue forgone from negative gearing deductions and the CGT discount for each income decile over the medium term. The requestor asked that tables be presented in percentage form, representing the proportion of revenue forgone associated with each taxable income decile.

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

The proposal has 5 options, which make changes to the capital gains tax (CGT) discount and negative gearing arrangements (which allow losses relating to an investment property to be deducted from non-investment income) for all individuals, trusts, partnerships and superannuation funds, as per the below table. All options would take effect from 1 July 2024.

The proposal has 5 options, which make changes to the capital gains tax (CGT) discount and negative gearing arrangements (which allow losses relating to an investment property to be deducted from non-investment income) for all individuals, trusts, partnerships and superannuation funds, as per the below table. All options would take effect from 1 July 2024.

The proposal has 5 options, which make changes to the capital gains tax (CGT) discount and negative gearing arrangements (which allow losses relating to an investment property to be deducted from non-investment income) for all individuals, trusts, partnerships and superannuation funds, as per the below table. All options would take effect from 1 July 2024.

The request sought the following figures over the forward estimates and medium term:

The request sought the following figures over the forward estimates and medium term:

The request sought the following figures over the forward estimates and medium term: