Attitudes, perceptions and behaviour towards Capital Gains Tax

As part of the Income Tax Investment program, the Tax Office commissioned Chant Link & Associates to conduct research in order to better understand the attitudes, perceptions and behavioural drivers regards Capital Gains Tax (CGT).

Taxpayers' compliance with their CGT obligations has been identified as a significant risk for the Tax Office. The CGT risk relates to taxpayers not reporting a gain or loss, incorrectly categorising or incorrectly calculating capital gains. As a result, the Tax Office wished to gain a more detailed understanding of attitudes, perceptions, and drivers of behaviour in relation to CGT.

The Capital Gains Tax research 2009 report presents the findings from quantitative research amongst individuals and micro businesses owners, including trusts and self managed superannuation funds and tax agents.