This capital gains tax (CGT) calculation is the most accurate calculator for all types of assets, shares and property; it calculates the gain or loss to be included in your Australian tax assessment.
This calculation includes the following:
- The first APP of its kind relating to CGT, detailing information that is not available in the tax booklet.
- An Additional feature includes the ability to generate a PDF report to email or print, making it easy to include in your tax return.
- The Allowable deductible expenses are listed, you need not guess what is deductible and what is not
-The allowable deductions depending on if you use the property as your main residence or investment property.
-The allowable deductions depending on the date of purchase.
Whilst care has been taken to ensure the calculation is accurate, results should be treated as indicative, Professional tax advice from a qualified tax agent should be sought that is specific to your circumstances.