CGT calculations for rental property sales, share sales, crypto disposals, small-business rollovers and main-residence partial exemptions.
Capital gains tax is where sloppy record-keeping meets big tax bills — a rental property held 12 years may have hundreds of ledger items that all affect the cost base. TaxAssist Oxley calculates CGT for investment property sales, share and ETF disposals, crypto realisations, collectibles, business goodwill sales and small-business restructures across south-west Brisbane.
Each calculation reconstructs the cost base from purchase documents, capital improvements, legal fees, stamp duty, borrowing costs (where not previously deducted) and any reduced-cost-base adjustments. We apply the 50% CGT discount where the asset has been held over 12 months, test main-residence and 6-year absence exemptions for residential property, and apply the small-business CGT concessions (15-year, 50%, retirement and rollover) where the seller and asset qualify.
Where the sale is planned rather than complete, we'll quote the tax outcome under two or three timing options — settling in June vs July can move a bill by five figures.
Before you sign the contract — timing decisions before settlement can materially reduce the tax. Most planning happens 3–6 months out.
Discretionary and unit trusts get the 50% discount; companies do not. This is one reason trust structures are often preferred for growth assets.
For business owners over 55 exiting a business, yes — the 15-year exemption can reduce tax to zero. Passing the active-asset and small-business tests is critical; we run the checks before you sell.