Show download pdf controls
  • Choices



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

    End of attention

    As a general rule, if you wish to have certain capital gains tax rules apply to you, you must make your choice by the day you lodge your tax return. Your choice will be evident from the way you prepared your return.

    However, there are some exceptions:

    • some replacement asset roll-overs for companies must be made earlier
    • choices relating to the small business retirement exemption must be made in writing, and
    • a longer period is allowed to choose the small business roll-over.
    Last modified: 31 Aug 2010QC 16195