Hi, I have some ESS which is shown as Discount from deferral schemes of AUD 10,000 in my tax return of 2019-20 on mygov as pre-filled. Can someone guide me do I need to show AUD 10,000 in my tax return of 2019-20 and if yes what will be treatment when I sold it during 2022-23 year and if no I don't need to show in tax return of 2019-20 what will be treatment when I sold it during 2022-23 year.
P.S. I am late in filing my tax returns.
Your ESS statement should show that same $10,000, and it's included in Question 12F, @varshil09 .
The sale of these shares in 2023 is a separate transaction, and the cost base of the shares is their market value on the day you received them.
Your ESS statement should show that same $10,000, and it's included in Question 12F, @varshil09 .
The sale of these shares in 2023 is a separate transaction, and the cost base of the shares is their market value on the day you received them.
Can you please help with taxation whether 10,000 is taxable in 2019-20 and what will be Capital gains when sold in 2022-23 ? Also whether CGT discount will be available?
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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