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  • Capital gains tax (CGT) schedule



    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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    You do not need to complete a Capital gains tax (CGT) schedule 2011 (CGT schedule) if the trust was a subsidiary member of a consolidated group for the whole of the income year.

    In other cases, complete a CGT schedule and attach it to the trust's tax return if:

    • a CGT event occurs in relation to a forestry managed investment scheme (FMIS) interest that is held other than as an initial participant
    • the trust's total current year capital gains are greater than $10,000, or
    • the trust's total current year capital losses are greater than $10,000.

    The Guide to capital gains tax 2011 will help you complete the CGT schedule. It also includes:

    • a capital gain or capital loss worksheet for calculating a capital gain or capital loss for each CGT event
    • a CGT summary worksheet for calculating a net capital gain or net capital loss for the income year
    • a CGT schedule.
    Last modified: 12 Feb 2019QC 24223