Understand Your Capital Gains Tax.
Get practical support in understanding potential capital gains tax implications when you sell, transfer or otherwise dispose of assets.
Understand The Gain.
Plan Your Next Step.
What Is Capital Gains Tax?
Capital Gains Tax, commonly referred to as CGT, is the tax treatment that can apply when you make a capital gain from disposing of certain assets. The rules can depend on the asset, how it was acquired and your circumstances.
Understand what asset has been sold, transferred or otherwise disposed of.
Review the relevant transaction details and circumstances.
Relevant purchase, ownership and transaction records may be important when determining the tax position.
Understand the relevant CGT considerations before completing your tax return.
Every Capital Gain Is Different
The tax treatment of a capital gain can depend on factors such as the type of asset, ownership, acquisition date, transaction history and your individual circumstances. Professional review can help you understand the relevant considerations.
Our CGT Support
Practical assistance for individuals and businesses dealing with potential capital gains tax matters.
CGT Position Review
Review relevant transaction information and identify the key CGT considerations for your circumstances.
Property Transactions
Discuss potential CGT considerations relating to relevant property transactions.
Investment Assets
Review relevant records for investment assets and potential capital gains or losses.
Cost Base Review
Help organise relevant records that may be needed when determining the cost base of an asset.
Business Asset Review
Consider potential CGT implications when business assets are disposed of.
Tax Return Support
Assist with relevant capital gains information as part of the applicable tax return process.
Assets That May Involve CGT
Different asset types can have different tax considerations.
Property
Residential, commercial or other property transactions may require consideration of CGT rules.
Shares & Investments
The disposal of shares and certain investments can result in a capital gain or capital loss.
Business Assets
Selling or otherwise disposing of business assets may involve specific tax considerations.
Digital Assets
Certain cryptocurrency and digital asset transactions may have capital gains tax implications.
Why Get Your CGT Position Reviewed?
Understanding the relevant details can make your tax reporting process more organised.
Understand Your Position
Get a clearer understanding of the potential tax considerations surrounding your transaction.
Keep Records Organised
Identify the relevant documents and transaction information needed for review.
Make Informed Decisions
Understand relevant tax considerations before completing an asset transaction where possible.
Our CGT Review Process
A structured approach to understanding the transaction and relevant capital gains tax considerations.
Understand
We discuss the asset, transaction and your relevant financial circumstances.
Collect
Relevant purchase, ownership and disposal records are gathered for review.
Review
The transaction and available records are reviewed to understand the relevant CGT considerations.
Report
Relevant information can then be incorporated into the applicable tax reporting process.
Frequently Asked Questions
Common questions about Capital Gains Tax in Australia.
What is Capital Gains Tax?
Capital Gains Tax, or CGT, is the tax treatment that can apply when a capital gain is made from disposing of certain assets. The applicable rules depend on the circumstances.
Does selling property always create CGT?
Not necessarily. The CGT treatment of a property transaction depends on factors including the type of property, how it was used, ownership and other circumstances.
What records are important for CGT?
Depending on the asset, records such as purchase documents, transaction costs, ownership records and disposal information may be relevant when determining the tax position.
Can CGT apply to shares?
The disposal of shares can result in a capital gain or capital loss. The relevant tax treatment depends on the circumstances of the investment.
Can UV TAX help with CGT in my tax return?
Yes. UV TAX can review relevant capital gains information and assist with the applicable tax return process based on your circumstances.
Need Help With Capital Gains Tax?
Talk to UV TAX about your property, investment, business asset or other capital transaction.