We released important updates for CGT worksheets.

Cost base

Work out a cost base of an asset by splitting its costs into 5 elements. Please note that since now Capital proceeds is the amount of money received as a result of a CGT event.

Main residence exemption

You can apply full or partial main residence exemption. In order to apply the exemption use the Less main residence exemption field. 

Please note, you have to calculate the exemption amount manually.

Note: "Purchase Date" and "Sale Date" are not sent to ATO. Hence, they are not required and currently we use them only to determine discount option. 

Exemption or rollover code

Now you can select multiple exemption or rollover codes directly on a worksheet.

Learn more from this GUIDE

"Choose CGT method manually"

Note: When a user set the dates for the first time it will automatically set 'Choose CGT method manually"

to NO (Press "Tab">Space" to switch from Yes to NO, vice versa)