Personal investors guide to capital gains tax 2011-12

Introduction

This guide will help you complete item 18 Capital gains on your Tax return for individuals (supplementary section) 2012 (NAT 2679).

If you sold or otherwise disposed of shares, or units in a unit trust (including a managed fund), in 2011-12 read part A of this guide, then work through part B.

If you received a distribution of a capital gain from a managed fund in 2011-12, read part A of this guide, then work through part C.

Managed funds include property trusts, share trusts, equity trusts, growth trusts, imputation trusts and balanced trusts.

Sections within Introduction

• Small business CGT concessions
• Investments in foreign hybrids
• General value shifting regime
• Forestry managed investment schemes