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  • Removal of the CGT averaging concession



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    The CGT averaging concession that was available for individual taxpayers and certain trustees has been removed for the 1999-2000 and later income years. For the 1999-2000 income year only, a CGT averaging reduction is available if a capital gain is made from a CGT event that happened in the period 1 July 1999 to 21 September 1999 and certain other conditions are met.

    Last modified: 18 Sep 2009QC 18323