To work out if you’ve made a net capital gain or loss, you need to:

• identify whether any CGT events have occurred
• identify when you acquired the CGT asset and the time of the CGT event
• calculate whether you made a capital gain or capital loss for each CGT event by
  • working out your capital proceeds, cost base or reduced cost base
  • choosing one of the methods available to calculate a capital gain
  • identifying whether any exemptions, rollovers or concessions apply that allow you to reduce or disregard a capital gain, including the CGT discount,
  • applying any current year capital losses and carried forward net capital losses.
• calculate your net capital gain or your net capital loss.