Tax time's a breeze!
If you dread each July because of the hassle of bringing all your investment information together for your tax return, you can now breath easy. With Topshare, it couldn't be simpler!
Topshare prints all the information your accountant needs - in one easy report! You can create this report for a full financial year, or by quarters for BAS reporting.
The Taxation Report includes detailed CGT assessments of all share parcels that have been sold at a profit. The base-cost of share parcels is accurately calculated, even if events such as share splits, consolidations, capital returns or partial sales have occurred during the time you've held the stock.
Topshare understands the various Australian CGT rules, and displays the calculations and results for the most favourable rule that applies in each case.
The Taxation Report also lists all dividends received, with imputation credits.
- Click here for a simple example of the Taxation Report.
- Click here for an example where a parcel sold was originally purchased as Instalment Receipts, and has been subject to conversion to full shares, a split, partial sale and a capital return in the time prior to being sold. This example also shows the optional detailed capital gains calculations.
(these report examples open in a separate browser window)
