Capital Gains Tax (Cgt) Schedule - 2016 Page 2
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1
2
3
42
Capital losses
.
00
$
A
Total current year capital losses
,
,
,
.
00
$
B
Total current year capital losses applied
,
,
,
.
00
$
C
Total prior year net capital losses applied
,
,
,
Total capital losses transferred in applied
.
00
$
D
(only for transfers involving a foreign bank branch or
,
,
,
permanent establishment of a foreign financial entity)
.
00
E
$
Total capital losses applied
,
,
,
Add amounts at B, C and D.
3
Unapplied net capital losses carried forward
.
00
$
A
Net capital losses from collectables carried forward to later income years
,
,
,
.
00
$
B
Other net capital losses carried forward to later income years
,
,
,
Add amounts at A and B and transfer the total
to label V – Net capital losses carried forward
to later income years on your tax return.
4
CGT discount
.
00
$
A
Total CGT discount applied
,
,
,
5
CGT concessions for small business
.
00
$
A
Small business active asset reduction
,
,
,
.
00
$
B
Small business retirement exemption
,
,
,
.
00
C
$
Small business rollover
,
,
,
.
00
$
D
Total small business concessions applied
,
,
,
6
Net capital gain
.
00
$
A
Net capital gain
,
,
,
1J less 2E less 4A less 5D (cannot be less than
zero). Transfer the amount at A to label A – Net
capital gain on your tax return.
Sensitive (when completed)
Page 2
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