You'll lose 2 per cent of your taxable profit selling before June 30

By Michael Pascoe
Updated May 20 2017 - 9:43am, first published April 26 2017 - 12:48am

There's nothing like forewarning of a tax change to distort behaviour. If the government sticks with its policy of ending the 2 per cent deficit reduction levy on June 30, we're entering the season of delaying income and maximising expenses - and maybe holding off real estate auctions if all else is equal.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Leeton news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.