This chapter explains how to work out your capital gain or capital loss. There are three methods that you can use to work out your capital gain. There is only one way to work out your capital loss.
The Capital gain or capital loss worksheet provided at the back of this guide shows the three methods of calculating a capital gain: the indexation method, the discount method and the 'other' method. You are not obliged to use this worksheet but you may find it helps you calculate your capital gain or capital loss for each CGT event.
Note: New terms
If there are terms in this chapter that are not familiar to you, refer to Explanation of terms.