Elite Financial Solutions
Capital Gains Checklist
An answer of yes to one or more of these questions may indicate that you have had a capital
event and the transaction may require further investigation to assess whether you have a capital
gains tax liability or not.
Please contact you client manager if you answer yes to any of these questions.
Please note that this list is not exhaustive.
1.1 Have you sold or given away any real estate in the past financial
year (including your main residence)?
Yes
No
1.2 Has there been a change to the title of real estate that you
owned (or partially owned) at the start of the year?
Yes
No
1.3 Have you granted an option, conservation covenant or other
right (for example, an easement over real estate) in the year?
Yes
No
1.4 Have you granted, changed or varied a lease over your real
estate in the past year?
Yes
No
1.5 Has any building or capital improvement on your land been
destroyed in the past year?
Yes
No
1.6 Did you receive compensation in the past year in respect of real
estate you own?
Yes
No
1.7 In the past year, have you sold any rights you held in real estate -
such as contractual rights relating to an off-the-plan purchase?
Yes
No
2.1 Do you own real estate (including an inheritance) that is not your
main residence (for example, land, investment property or
holiday house)?
Yes
No
2.2
- used as a place of business or to derive rent or has not been
your main residence the whole time you owned it
Yes
No
- situated on more than 2 hectares (4.94 acres) of land, or
Yes
No
- a different home to your spouse or dependent child (under
18 years old)?
Yes
No
2.3 Have you made any capital improvements to any real estate that
you own?
Yes
No
2.4 Have you subdivided or amalgamated any real estate that you
own?
Yes
No
3.1 Do you own any shares, units in a unit trust or other investments
(for example, convertible notes)?
Yes
No
3.2 If so, did your interests change during the year (that is, because
they were sold, transferred, cancelled or ended)?
Yes
No
3.3 Did your in