Hi
Does anyone know if Treasury Bonds issued by the Australian government (and US Treasuries or UK Gilts) CGT assets for personal investors? Are gains/losses on sale/redemption capital gains/losses subject to CGT discount if held for more than 12 months?
Thanks
Hi @mun894,
For Australian Treasury Bonds it will depend on whether you are an investor or trader on how you treat your bonds. You can read more about the investor vs trader distinction on our website: Share investing versus share trading | Australian Taxation Office (ato.gov.au)
While Treasury Bonds issued by the Australian government (and US Treasuries or UK Gilts) are commonly CGT assets for investors. A trader may record it as income.
Where the bonds are CGT assets, any gains/losses on sale/redemption are capital gains/losses subject to CGT discount if held more than 12 months.
Hi @mun894,
For Australian Treasury Bonds it will depend on whether you are an investor or trader on how you treat your bonds. You can read more about the investor vs trader distinction on our website: Share investing versus share trading | Australian Taxation Office (ato.gov.au)
While Treasury Bonds issued by the Australian government (and US Treasuries or UK Gilts) are commonly CGT assets for investors. A trader may record it as income.
Where the bonds are CGT assets, any gains/losses on sale/redemption are capital gains/losses subject to CGT discount if held more than 12 months.
Hi Ashley
While the page you linked to discusses shares, but it doesn't mention bonds. Are bonds and shares subject to the same tax treatment?
This page suggests any (company) bond sale should be included at item 24 Other Income and is not treated as capital gains - am I missing something? https://www.ato.gov.au/forms-and-instructions/you-and-your-shares-2022/sale-or-disposal-of-company-bonds-and-convertible-notes?anchor=Saleordisposalofcompanybondsandconvertib#Saleordisposalofcompanybondsandconvertib
Thanks
Hey @mun894
If you're an investor the bonds are CGT assets. The treatment will be the same as shares you hold as an investor.
I see. What I don't quite understand is if bonds (both government and company issued bonds) are CGT assets, then why should company bond sale be included at item 24?
21 May 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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