Capital gains tax | Capital gain tax

Capital gains tax (CGT) is the tax you pay on profits from selling assets, such as property. You report capital gains and capital losses in ...Home>IndividualsShowdownloadpdfcontrolsShowprintcontrolsToggleListdropdownbuttonCapitalgainstaxListofCGTassetsandexemptionsAcquiringCGTassetsCGTeventsInvoluntarydisposalofaCGTassetApplyingforanextensiononacapitalgainrolloverCGTdiscountCalculatingyourCGTCapitalproceedsfromdisposingofassetsCostbaseofassetsCostbaseadjustmentsforcapitalworksIndexingthecostbaseUsingcapitallossestoreducecapitalgainsPropertyandcapitalgainstaxKeepingrecordsforpropertyYourmainresidence(home)MovingtoanewmainresidenceTreatingformerhomeasmainresidenceWhendoesapropertystopbeingyourmainresidence?LivingseparatelytoyourspouseorchildrenUsingyourhomeforrentalorbusinessBuildingorrenovatingyourhomeDestructionofyourhomeCompulsoryacquisitionofyourhomeHomeonmorethan2hectaresGrannyflatarrangementsandCGTCGTwhensellingyourrentalpropertyCGTdiscountforaffordablehousingTransferringpropertytofamilyorfriendsSubdividingandcombininglandPropertyimprovementsandadditionsSharesandsimilarinvestmentsWhenCGTappliestosharesandunitsKeepingrecordsofsharesandunitsShareinvestingversussharetradingWhenyoucanclaimlossesonsharesandunitsSharebuy-backsDividendreinvestmentplansDemergersCGTrolloverforshareholdersandunitholdersInheritedassetsandcapitalgainstaxCostbaseofinheritedassetsInheritedpropertyandCGTCalculatingapartialexemptionforinheritedpropertyCo-ownershipandrightofsurvivorshipExtensionstothe2-yearownershipperiodForeignresidentsandcapitalgainstaxHowchangingresidencyaffectsCGTCGTdiscountforforeignresidentsTaxableAustralianpropertyMainresidenceexemptionforforeignresidentsRelationshipbreakdownandcapitalgainstaxWhentherelationshipbreakdownrolloverappliesCalculatingCGTonarolloverassetMainresidenceexemptioninrelationshipbreakdownMarketvaluationofassetsIndetailMarketvaluationfortaxpurposesForeignresidentcapitalgainswithholdingCapitalgainswithholding-ImpactsonforeignandAustralianresidentsCapit


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