Discounted CGT - This is grossed up and included with your capital gains on the CGT report. You will often see two types of discounted gains on your statement. You need to enter the total of the two. Capital Gains - Non discounted capital gains. This is included with your capital gains ...
When assets have been revalued in respect of the Trust, the potential effect of the capital gains tax on disposal has not been taken into account in the determination of the revalued carrying amount because the Trust does not expect to be ultimately liable for CGT in respect of the assets....