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How to enter gifted or reward shares in Navexa

Learn how to record broker reward or gifted shares in Navexa, including cost base and later sale, using simple Buy and Sell trades.

Updated over a week ago

Some brokers give you “free” or reward shares when you sign up, deposit funds or complete certain actions.

This guide shows how to record those in Navexa so your performance and CGT are calculated correctly.

Quick note: Navexa cannot give personal tax or financial advice. The examples below are general only.

Always confirm the tax treatment with your accountant if you are unsure.


1. How Navexa treats gifted or reward shares

For tax and performance tracking, gifted shares are usually treated as if you bought them at market value on the date you received them.

In Navexa you record this as:

  1. A Buy trade on the gift date

  2. A Sell trade when you later sell the shares

If your broker did not charge brokerage on the gift, you enter 0 brokerage on the Buy.


2. Step 1 – Work out the details of the gift

From your broker statement or activity history, note:

  • Stock code (for example AAPL, TSLA)

  • Market (for example NASDAQ)

  • Gift date

  • Quantity received (often a small or fractional amount)

  • Price per share at the time of the gift

  • Brokerage (often 0 on the gift)

If your broker does not show a price for the gift, your accountant can help you decide what value to use as your cost base.


3. Step 2 – Enter the gifted shares as a Buy in Navexa

You will need to manually add this holding or trade to reflect this, as it won't be automated. See Add a Holding Manually or How to Manually Add a Buy or Sell Trade to a Holding for help.

  1. In Navexa, open the relevant Portfolio.

  2. Go to Portfolio → Holdings and click the holding, or create the holding if it does not exist.

  3. Open the Trades tab.

  4. Click Add → Buy.

  5. Enter:

    • Trade Date: the date the shares were gifted

    • Price: the market value per share on that date

    • Quantity: the number of shares or fraction received

    • Brokerage: usually 0 for a gift

  6. Save the trade.

Navexa will now treat this as your cost base for future performance and CGT calculations.


4. Step 3 – Enter the later Sell

When you sell the gifted shares:

  1. Stay on the same holding’s Trades tab.

  2. Click Add → Sell.

  3. Enter:

    • Trade Date: the date you sold the shares

    • Price: the actual sale price per share

    • Quantity: the number of shares sold

    • Brokerage: any fee charged on the sale

  4. Save the trade.

Navexa will calculate your gain or loss using:

Sale proceeds minus cost base from the earlier Buy, minus sale brokerage.


5. Worked example – Gifted US shares then sold

Imagine your broker gives you a small amount of Apple, and you later sell it.

Gift

  • Stock: AAPL (Apple)

  • Market: NASDAQ

  • Gift date: 10 March 2025

  • Quantity: 0.10 shares

  • Market price on that date: 200.00 USD

  • Brokerage on gift: 0.00 USD

Navexa Buy trade

  • Type: Buy

  • Date: 10/03/2025

  • Price (USD): 200.000

  • Quantity: 0.10

  • Brokerage: 0.00

Cost base is 20.00 USD.

Sale

  • Sale date: 20 July 2025

  • Quantity sold: 0.10 shares

  • Sale price: 230.00 USD

  • Brokerage: 0.30 USD

Navexa Sell trade

  • Type: Sell

  • Date: 20/07/2025

  • Price (USD): 230.000

  • Quantity: -0.10

  • Brokerage: 0.30

Navexa will then show:

  • Sale proceeds: 23.00 USD

  • Cost base: 20.00 USD

  • Less brokerage: 0.30 USD

  • Capital gain: 2.70 USD (before any FX effect)

If your portfolio is in AUD, Navexa will convert these amounts using its FX rates for the trade dates.


6. Multiple gifts in the same stock

If your broker gives you the same stock more than once, you can either:

  • Enter one Buy trade per gift, keeping the exact dates and prices, or

  • Combine gifts on the same date into a single Buy with the total quantity.

Keeping them separate gives the most accurate CGT history, especially if you do partial sells later.


7. Things to double-check

Before you rely on the figures:

  • The dates in Navexa match the dates on your broker statement

  • The quantities (including fractions) match

  • Brokerage is correct on any sale

  • The price you use for the gift is acceptable to your tax adviser

If anything changes later, you can always edit or delete the trades on the holding’s Trades tab.

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