Capital gains tax (CGT)

Accessing the CGT calculator tool

There are 2 ways you can access the CGT calculator tool:

If you use your myGov account to access the tool, you can save your CGT records to the ATO system for use in your tax return, which saves you time.

If you access the CGT calculator tool from the ATO website, you won't be able to save your records to the ATO system for use in your tax return.

You can print a copy of the calculation results for your records, and you can choose to remain anonymous when using the tool.

The ATO website provides links where you can access the CGT calculator tool.

5 mins

What is capital gains tax?	0%
Exemptions, rollovers or concessions	0%
Net capital gain in an income year	0%
Work out if you’ve made a net capital gain or loss	0%
Multiple CGT events in an income year	0%
Keeping records	0%
Residents for tax purposes	0%

7 mins

Identifying a CGT event	0%
What assets are subject to the CGT rules?	0%
Collectables	0%
Personal use assets	0%
Other assets	0%
Activity: Jessica’s consulting firm	0%

5 mins

Identify the timing of a CGT event	0%
CGT asset acquisition date	0%
Activity: Jessica’s consulting firm	0%

21 mins

Working out the net capital gain or loss for a CGT event	0%
Capital proceeds	0%
Cost base of a CGT asset	0%
The 3 methods for calculating a capital gain	0%
The discount method	0%
The indexation method	0%
The ‘other’ method	0%
Reduced cost base and calculating a capital loss	0%
Activity: Jessica’s consulting firm	0%
Working out a capital gain or loss from a CGT event	0%
Applying current and prior year losses	0%
Activity: Jessica’s consulting firm	0%

4 mins

Overview	0%
CGT exemptions	0%
Rollovers	0%
Activity: Jessica’s consulting firm	0%

20 mins

Small business concessions	0%
Basic eligibility conditions for small business CGT concessions	0%
Small business 15-year exemption	0%
Small business 50% active asset reduction	0%
Small business retirement exemption	0%
Small business rollover	0%
Examples of CGT event calculations	0%
Activity: Jessica’s consulting firm	0%
Choosing to use the small business CGT concessions	0%
Activity	0%

2 mins

Reporting and paying CGT	0%
Example calculation	0%

2 mins

Overview and what information you need	0%
Accessing the CGT calculator tool	0%

2 mins

Small business restructure roll-over	0%
Activity	0%

3 mins

Home-based businesses and CGT	0%
Activity: Jessica’s consulting firm	0%

2 mins

CGT record-keeping	0%
CGT asset register	0%

1 mins

Related courses	0%

Course Feedback	0%