It is quite common for a unit trust to make non-assessable payments to unit holders. Your CGT obligations in this situation are explained in chapter 4.
When you sell the units, you must adjust their cost base or reduced cost base. The amount of the adjustment is based on the amount of non-assessable payments you received during the income year up to the date of sale. You use the adjusted cost base or reduced cost base to work out your capital gain or capital loss.
Note
Non-assessable payments under a demerger
If non-assessable payments are made under a demerger, no adjustment is required to the cost base and the reduced cost base of your new interests for the payments unless they are more than the cost base or reduced cost base. Similarly, no capital gain arises in respect of these payments except in these circumstances. You may be able to choose CGT roll-over for a capital gain you make. For more information about demergers, see chapter 5.