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  • Step 1 Types of CGT assets and CGT events



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

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    Certain capital gains and capital losses (that is, collectables and personal use assets) are treated differently when calculating your net capital gain or net capital loss. See chapter 1 in part A for explanations of these assets and how they are treated under capital gains tax.

    The records of your CGT events need to be separated into the following three categories:

    • collectables (for example, jewellery)
    • personal use assets (for example, a boat you use for recreation)
    • other CGT assets or CGT events, including distributions of capital gains from managed funds.
    Last modified: 31 Aug 2010QC 16195