• Capital gains tax record keeping

    A superannuation fund must keep records of everything that affects its capital gains and capital losses for at least five years after the relevant CGT event.

    If a superannuation fund carries forward a net capital loss, the fund should generally keep records of the CGT event that results in the loss for five years from the year in which the loss was made, or four years from the date of assessment for the income year in which the capital loss is fully applied against capital gains, whichever is longer.

    For more information on record keeping for capital gains tax, see:

    Last modified: 15 Jul 2016QC 48112