ato logo
Search Suggestion:


Last updated 3 March 2016

Is your entity a company, trust or fund?

Read this part.

Do you expect your entity's total capital gains or total capital losses for the 2003–04 income year to be $10,000 or less?


Work through steps 1, 2 and 3.


Work through steps 1-4. Step 4 will show you how to complete the Capital gains tax (CGT) schedule 2004.

The instructions in this part are designed to help companies, trusts and funds (your entity) to calculate a capital gain or capital loss and to complete the capital gains items on the relevant tax return:

Funds include superannuation funds, approved deposit funds and pooled superannuation trusts.

The labels to complete at these items are:


Did you have a CGT event during the year?


Net capital gain

You will also need to complete V Net capital losses carried forward to later income years at the Losses information item on your entity's tax return.

The relevant item number will be:

Unfamiliar terms

There may be terms in part C that are not familiar to you. Refer to chapter 1 in part A for more information or to Explanation of terms.


The term 'entity' is used to describe a company (including a head company of a consolidated group), a trust and a fund in this part of the guide.


The worksheets provided in this guide are the:

You can print out the worksheets and complete them as you work through this part.

The worksheets are optional and your entity may prefer to use a different worksheet or a computer-based alternative. We have used these worksheets throughout this part of the guide as examples to help you complete the capital gains item on your entity's tax return, and a Capital gains tax (CGT) schedule 2004 if this is required.