ato logo
Search Suggestion:

Part A – About capital gains tax

Explains capital gains tax obligations including if it applies, how to work it out, what records you need to keep.

Last updated 27 May 2020

Do you need to read this part of the guide?

To find out, answer the following questions. If you answer No to all questions, you don’t need to read part A but instead go to part B.

Have you applied an exemption or rollover?

If yes, see Exemptions and rollovers.

Do you need information about the three methods of calculating a capital gain?

If yes, see How to work out your capital gain or capital loss.

Have you received a distribution of a capital gain from a managed fund or other unit trust in 2019–20?

If yes, see Trust distributions.

Have you sold shares or units in a unit trust in 2019–20?

If yes, see Investments in shares and units.

Did you sell real estate or your home (main residence) in 2019–20?

If yes, see Real estate and main residence.

Do you need help completing the capital gains item on your individual tax return?

If yes, see the relevant sections in part A, then work through part B.

Do you need help completing the capital gains item on your entity’s tax return?

If yes, see the relevant sections in part A, then work through part C.

QC62635