Keeping good investment records

Good records allow you to report your investment income accurately and claim all the deductions to which you are entitled, including when you work out your capital gain or capital loss after you dispose of your investment.

  • If we review your return, having good records will make it easier for you to provide any information we may request.

Generally for investments you will need to keep your records for five years after we've processed your return.

You need to keep records relating to your investments showing how much you paid for them, what you received if you disposed of them, what income you received from them and the expenses you incurred in owning them and maintaining them. For example:

  • bank statements and passbooks
  • dividend or managed investment distribution statements
  • purchase and sale details, including any contracts
  • expenditure records
  • details of capital losses made in previous years (you may be able to offset these losses against future capital gains).

See also:

Last modified: 09 Jun 2015QC 22806