Page 21 - F6 - Capital Gains Tax - Base Cost

Base Cost: Overview Of Calculation

For every transaction:

Valuation date
Base cost = value on 1 Oct + Expenses incurred
By person
Trigger? Asset Disposed after 1 Oct 2001
2001

Par 20
Disposal of this asset by this person excluded?
Only if acquired

before 1 Oct 2001
If not excluded

Capital gain or loss = Proceeds - Base Cost