This article explains where brokerage appears in Navexa, how it affects your tax reports, and what to do with other investing or admin expenses.
How Brokerage is Recorded
Navexa records brokerage against each buy or sell trade for the relevant holding.
This applies whether the trade was:
entered manually
imported from a spreadsheet
imported through a broker connection or broker file
Brokerage is included in the cost base for that holding. The cost base is the total amount paid to acquire an investment, including applicable trade fees such as brokerage.
Navexa uses this cost base when calculating Capital Gains Tax (CGT), which is the tax paid on profits from selling an investment.
Brokerage Example
If you buy AUD $1,000 worth of shares and pay AUD $10 brokerage, Navexa records the total cost base as AUD $1,010.
This helps your CGT calculation reflect the true cost of acquiring the asset when you later sell the holding.
Where To View Brokerage
You can view brokerage for each trade from the holding’s Trades tab.
To view brokerage:
Open Portfolio from the left-hand menu.
Select the holding you want to check.
Open the Trades tab.
Check the Brokerage column for each trade.
Each trade shows its own brokerage amount. If a holding has multiple buy or sell trades, check each trade row separately.
How To Edit Brokerage
You can edit brokerage if a trade was entered with the wrong brokerage amount or imported without brokerage.
To edit brokerage:
Open Portfolio from the left-hand menu.
Select the relevant holding.
Open the Trades tab.
Find the trade you want to update.
Select the three-dot menu beside the trade.
Select Edit.
Update the Brokerage field.
Select Save Changes to save the change.
Updating brokerage may change the holding’s cost base and related tax calculations.
Other Expenses
Navexa does not track general investing or admin expenses that are not tied to a specific holding or trade.
Examples include:
Navexa subscription fees
accountant fees
investment newsletters
general admin fees
advice or platform fees that are not entered as investment transactions
These expenses are not included in Navexa tax reports because they are not recorded against a specific holding.
If you want to claim these expenses, track them separately in your accounting software or spreadsheet. You should also confirm the correct treatment with your tax agent or accountant.
Managed Fund And ETF Fees
Some managed fund, ETF, and platform statements show fees or costs that are already reflected in the unit price or net asset value.
Do not enter these fees separately unless your statement shows a distinct cash fee, unit cancellation, or other transaction that needs to be recorded. Entering fees already included in the unit price may double count the cost.
Remember, this is general information, not personal financial advice.