Show download pdf controls
  • Introduction

    Attention

    Warning:

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

    End of attention

    This guide is designed to help you work out whether any of the assets you own (or may own in the future), and whether other events that happen to you will be subject to capital gains tax (CGT). It tells you how to work out your capital gain or capital loss. It also covers what records you need to keep.

    Note-New terms

    We may have used some terms that are not familiar to you. These words are explained in Explanation of terms.

    While we have sometimes used the word 'bought' rather than 'acquired', you may have acquired an asset without paying for it (for example, as a gift or through an inheritance). Similarly, we refer to 'selling' an asset when you may have 'disposed' of it in some other way (for example, by giving it away or transferring it to someone else). For the purposes of this guide, all of these 'acquisitions' and 'disposals' are CGT events.

    Last modified: 25 Feb 2020QC 27448