Column 2: Description of expenditure



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 cost base of an asset includes the 5 elements listed below.

  • The cost of acquiring the asset.
  • Incidental costs of acquiring the asset or of the CGT event.
  • Non-capital costs of ownership if the asset was acquired after 21 August 1991.
  • Capital expenditure on any improvements that are reflected in the asset at the time of the CGT event.
  • Capital expenditure on maintaining title or rights to the asset.
Last modified: 18 Sep 2009QC 18323