Submission to the inquiry into Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 and a related bill
ATSE's submission examines the possible impacts of changes to the Capital Gains Tax on the Australian innovation ecosystem.
ATSE's submission highlights growing concern over the impacts of the proposed changes to the Capital Gains Tax system on start-ups and scale-up businesses.
The submission notes concerns about reduced investment in innovation and impacts on hiring and staffing. ATSE's submission calls for the risks to Australian innovation to be carefully considered prior to implementation and for changes to the Capital Gains Tax to be coordinated with other proposed innovation system changes.
What is Capital Gains Tax and what does it mean for Australian innovation?Capital Gains Tax (CGT) is a part of income tax that you pay on profits from disposing of assets including investments, for example property, shares and crypto assets. Because it applies to profits made from selling shares or assets that can form a big part of small businesses and startups in the innovation sector, the CGT has concessions that change the CGT rate. This submission from ATSE is in the context of possible changes to the CGT announced in the May 2026 Federal Budget. |
11
APR
2025
Submission to the Strategic Examination of Research and Development discussion paper
A well-managed and funded Research and Development (R&D) sector can help Australia meet its social, environmental and economic challenges, building resilience and capability, and securing our nation's prosperity.
