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Tusker2003(Newbie)Newbie
7 Oct 2024

I have a loss event from 2009-10 that I wish to include in my 23-24 income year to off set a gain. Which tool do I use as CGT record keeping tool starts from 2017.

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138 views
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Most helpful reply

AriATO(Community Support)Community Support
10 Oct 2024

Hi @Tusker2003


You can carry that loss forward to the current year. You don't need to enter it into the tool you can do it manually. You just need to have the records to back up where that loss came from.


You should be aware that if you had the opportunity to use that loss in a prior year then it can't be used now.

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Most helpful reply

AriATO(Community Support)Community Support
10 Oct 2024

Hi @Tusker2003


You can carry that loss forward to the current year. You don't need to enter it into the tool you can do it manually. You just need to have the records to back up where that loss came from.


You should be aware that if you had the opportunity to use that loss in a prior year then it can't be used now.

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Past share liquidation 2009-10 CGT Loss | ATO Community