Rights or options issued directly to you from a company or trust that you paid to acquire

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

The amount included in the cost base and reduced cost base of the shares or units you acquire depends on when you acquired your rights or options.

Where the rights or options were acquired before 20 September 1985

If the rights or options were exercised on or after 20 September 1985 the first element of the cost base and reduced cost base for the shares or units is the sum of:

• the market value of the rights or options at the time you exercise them, plus
• the amount you paid for the shares or units.

Where the rights or options were acquired on or after 20 September 1985

The first element of the cost base and reduced cost base for the shares or units you acquire on exercising your rights or options is the sum of:

• the amount you pay for the rights or options, plus
• the amount you pay for the shares or units on exercising the rights or options.