The Capital Gains Reconciliation Report is located in the Work Paper Reports section
This report will detail:
- Losses available
- Capital Gains;
- The application of losses and CGT discounts;
- Net Capital Gains
- Net capital losses carried forward
How to prepare in Simple Invest 360
|From the Main Toolbar, navigate to Reports.||
- On the left-hand side of the Reports screen, select Work Paper Reports.
- Locate the Tax Reconciliation Report and select to add to the Report Pack List.
- Select Download
Capital Gains Tax Discount can be reconciled in the Capital Gains Reconciliation Report
Companies do not qualify for a CGT Discount, whereas Individuals and Trusts are eligible to a 50% CGT Discount.