Part H: Net capital gain calculation


This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

In part H you show the amount of your entity's net capital gain.

Your entity's net capital gain is the amount remaining after applying any current year capital losses, net capital losses from prior years, capital losses transferred in, the CGT discount and any applicable CGT small business concessions.

A net capital gain is included as assessable income on your entity's income tax return at the relevant item. See section 1c.

Last modified: 06 Oct 2009QC 27417