Capital gains tax changes are one of the biggest talking points from Budget 2026, and in this episode, the accountants react in real time.The proposed changes include replacing the 50% capital gains tax discount with an inflation based discount, along with a minimum 30% tax on capital gains from 1 July 2027. But what does that actually mean for property investors, business owners, startup founders, share investors and everyday Australians?In this discussion, the team breaks down the potential impact of the CGT changes, including who may be better off, who may be worse off, and why the changes could matter well beyond property.They cover:Capital gains tax explained in simple termsThe 50% CGT discount and why it is controversialHow inflation based indexation could change the way gains are taxedWhy property investors may not be the only ones affectedThe potential impact on business owners and startupsThe minimum 30% tax on capital gainsReal examples using property, shares and business salesWhether these changes are fair, unfair or necessaryThis video is general commentary only and should not be taken as personal financial or tax advice. Speak with a qualified accountant or tax adviser before making financial decisions.GET A FREE CONSULTATION FOR ALL ABN HOLDERS 👉 https://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwSubscribe for more tax, business and accounting breakdowns from Latitude Accountants.Chapters0:00 Budget 2026 and the capital gains tax announcement0:41 First reaction to the CGT discount changes0:55 Why the current CGT discount can feel unfair1:30 The return of indexation and why it matters1:48 Could business owners lose the CGT discount too?2:37 Budget night warning, what still needs to be confirmed3:09 Minimum 30% tax on capital gains3:55 What happens when a business owner sells?4:45 The counter argument, investment income versus labour income5:18 Will business owners leave Australia?6:32 Why workers may feel the system is unfair8:18 Real property example before and after the CGT changes9:52 When the new system could actually help investors10:42 Who could be hit hardest by the CGT changes?11:29 John’s first share market story13:05 Final verdict, for or against the CGT changesOUR SERVICES 👉 https://latitudeaccountants.com.au/accounting-services/Follow Latitude Accountants:TikTok 👉 https://www.tiktok.com/@latitudeaccountantsInstagram 👉 https://www.instagram.com/latitudeaccountantsWebsite 👉 https://latitudeaccountants.com.au/For business enquiries: [email protected]: This video is for educational and entertainment purposes only and does not constitute financial, lending, legal, or tax advice. Please seek professional advice before making financial decisions.#CapitalGainsTax #Budget2026 #CGT #AustralianTax #PropertyInvesting #BusinessOwners #AccountantsReact #LatitudeAccountants