Guide to capital gains tax 2004

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More information

Further assistance

For further assistance with your capital gains tax situation, you can:

• access the Tax Office's e-tax 2004 software package on our website - it includes a calculator for capital gains and capital losses www.ato.gov.au/etax
• download fact sheets and other information from our website www.ato.gov.au
• phone us (individual enquiries) 13 28 61 - (business enquiries) 13 28 66
• seek advice from a recognised tax adviser
• If you do not speak English and need our help phone the Translating and Interpreting Service (TIS) 13 14 50
• If you have a hearing or speech impairment and
  • have access to appropriate telephone typewriter (TTY) or modem equipment you can communicate with a tax officer through the National Relay Service 13 36 77 (quote one of the phone numbers listed.
  • do not have access to TTY or modem equipment, phone the Speech to Speech Relay Service 1300 555 727

Publications

To get any publication referred to in this guide:

• visit our website www.ato.gov.au
• phone our Publications Distribution Service 1300 720 092*
• visit one of our shopfronts.

Publications referred to in this guide are:

• 2004 tax return for individuals (supplementary section) (NAT 2679 -6.2004)
• 2004 tax return for retirees (NAT 2597 -6.2004)
• Capital allowances schedule instructions (NAT 4089 - 6.2004)
• Capital gains tax (CGT) schedule 2004 (NAT 3423 - 6.2004)
• Company tax return 2004 (NAT 0656 - 6.2004)
• Fund income tax and regulatory return 2004 (NAT 0658 - 6.2004)
• Guide to capital gains tax concessions for small business (NAT 8384 - 5.2004)
• Guide to depreciating assets (NAT 1996 - 6.2004)
• Personal investors guide to capital gains tax (NAT 4152 - 6.2004)
• Rental properties (NAT 1729 - 6.2004)
• Trust tax return 2004 (NAT 0660 - 6.2004)
• You and your shares (NAT 2632 - 6.2004)

The following publications are available only on our website:

• Consolidation reference manual
• Employee share schemes - answers to frequently asked questions by employees
• Guide to the general value shifting regime
• Venture capital concessions (capital gains tax) - overview
• Class Ruling CR 2002/59 - Income tax: Compensation payments for Holocaust survivors and their relatives - remembrance, responsibility and future foundation
• Draft Taxation Determination TD 2004/D3 - Capital gains: are input tax credits excluded from a CGT asset's cost base and reduced cost base worked out under sections 110-25 and 110-55 of the Income Tax Assessment Act and from other equivalent amounts used in working out a capital gain or loss?
• Taxation Ruling TR 92/3 - Whether profits on isolated transactions are income
• Taxation Ruling TR 2002/10 - Capital gains tax: assets register

* for the cost of a local call - mobile rates apply to calls from mobile phones

Feedback

Reader feedback helps us to improve the information we provide. If you have any feedback about this publication, please write to:

• The Editor
  
  TaxTime Publishing
  
  Australian Taxation Office
  
  PO Box 900
  
  CIVIC SQUARE ACT 2608

As this is a publications area only, any tax matters will be passed on to a technical area; alternatively you can phone our Personal Tax Infoline on 13 28 61 for help.

* Lodge online with e-tax

Looking for an easy and convenient way to do your tax return? Try e-tax - available from the Tax Office website at www.ato.gov.au/etax

You can use e-tax to:

• prepare your tax return electronically in a secure online environment
• estimate items such as capital gains

e-tax is available from 1 July 2004.

Tax returns lodged using e-tax are usually processed in 14 days.

For more information, visit our website at www.ato.gov.au/etax

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Copyright

Commonwealth of Australia 2004

This work is copyright. You may download, display, print and reproduce this material in unaltered form only (retaining this notice) for your personal, non-commercial use or use within your organisation. Apart from any use as permitted under the Copyright Act 1968 , all other rights are reserved.

Requests for further authorisation should be directed to the Commonwealth Copyright Administration, Intellectual Property Branch, Department of Communications, Information Technology and the Arts, GPO Box 2154, Canberra ACT 2601 or posted at http://www.dcita.gov.au/cca .

ATO references:
NO NAT 4151