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Solution home Individual Tax Return Individual: Income

Capital gains disregarded as a result of the Sale of Pre-CGT Asset

Modified on: Thu, 8 May, 2025 at 1:21 PM

In case when capital gain is fully exempt, it may not be included in tax form. User can remove amount and fill only exemption code. Below is the sample image on how you will fill-up the CGT Schedule:

ATO related link-  https://www.ato.gov.au/individuals-and-families/your-tax-return/instructions-to-complete-your-tax-return/mytax-instructions/2024/income/australian-income-or-losses-from-investments-or-property/capital-gains#CGTexemptionrolloveroradditionaldiscount





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