Using the CGT schedule
You'll need to complete a CGT schedule 2025 if you:
- have total capital gains or capital losses of more than $10,000 in 2024–25, and are a
- company
- trust
- attribution corporate collective investment vehicle (CCIV) sub-fund trust – apply the $10,000 total capital gain or loss threshold to each of its CCIV sub-fund trusts whether an attribution CCIV sub-fund or not
- attribution managed investment trust (AMIT) – if you're a multi-class AMIT, lodge a separate CGT schedule for each class with total capital gains or losses of more than $10,000
- consolidated group, as either
- the head company of a consolidated group
- the head company while not a member of the consolidated group
- a subsidiary member of a consolidated group in any period of non-membership – the rules for members of the consolidated group modify the application of CGT rules, see Consolidation
- are a super fund (or pooled super trust) and either
- have total capital gains or capital losses of more than $10,000 in 2024–25
- recognising a capital gain in 2024–25 that was deferred in 2016–17 to apply transitional CGT relief – see Step 4
- entered into an earn-out arrangement, that requires an amendment to a prior year assessment.
If your entity is required to complete a CGT schedule, you must attach it to your entity’s tax return 2025.
If you're not sure if a CGT event happened in 2024–25, see Guide to capital gains tax – Appendix 1: Summary of CGT events.
What you need to complete CGT labels and schedule
Before you complete the CGT schedule, you'll need to know if your total capital gains or losses are $10,000 or less. If they're:
- $10,000 or less, complete Steps 1–3 in the instructions to complete the CGT items in your tax return.
- more than $10,000, complete Steps 1–4 in the instructions to complete the CGT items in your tax return and the CGT schedule.
You can also use our CGT worksheets to help you work out your capital gains and losses and keep track of your records.
There are 2 CGT worksheets:
- Capital gain or capital loss worksheet 2025 – to help you calculate a capital gain or capital loss for each CGT asset or any other CGT event.
- CGT summary worksheet for tax returns 2025 – to help you calculate your net capital gain or the amount of your net capital loss to carry forward.
You can print the worksheets and use them to work through the instructions. Using them is optional and you may prefer a digital alternative. We use these worksheets as examples throughout the instructions.
Continue to: Instructions to complete the CGT schedule and tax return 2025
Return to: How to get the capital gains tax schedule 2025