Use Capital Gains Tax Settings to choose how Navexa calculates parcel selection for your Capital Gains Tax report for a selected financial year.
A parcel is one specific purchase lot of a holding. If you bought the same investment multiple times on different dates or at different prices, each purchase is a separate parcel.
What These Settings Do
Capital Gains Tax Settings control the sale allocation method used in your capital gains tax (CGT) report.
These settings let you:
Choose one default method for the whole portfolio.
Set a different method for specific holdings if needed.
Save those settings for the financial year you are viewing.
This matters when a holding has been bought in multiple parcels at different times or prices.
Open The Settings
To open Capital Gains Tax Settings:
Go to Tax Reporting in the left-hand menu.
Select Capital Gains Tax.
Check that the correct financial year is selected at the top left.
Click Settings in the top right.
The settings window will open for the financial year currently selected in the report.
Choose The Portfolio Default
The Default Portfolio Sale Allocation Method sets the main rule Navexa will use across the portfolio for that financial year.
The available methods are:
FIFO (First in, First out)
LIFO (Last in, First out)
Maximize Gain
Minimize Gain
Minimize CGT
If you want to understand how each method works, see Introduction: Tax Strategies.
Set Holding Overrides
The Per-Holding Overrides section lets you apply a different method to an individual holding.
This is useful if you want most of the portfolio to use one method, but a specific holding to use another.
If a holding is set to Portfolio Default, that holding will use the portfolio-level method instead of its own override.
Save Your Changes
After choosing your settings, click Update Report Settings.
Your changes will then apply to the Capital Gains Tax report for the financial year shown at the top of the settings window.
If you close the window without clicking Update Report Settings, your changes will not be saved.
How These Settings Apply
These settings apply to the financial year you selected before opening the settings window.
They do not automatically rewrite previous financial years.
Earlier financial years can still affect later results, because parcels used in past years are no longer available in future years.
Common Questions
Why Didn’t My Report Change?
If your report did not change after updating the settings, check these things:
You selected the correct financial year before opening Settings.
You clicked Update Report Settings.
A holding is not using its own override instead of the portfolio default.
The report data is complete and up to date.
What Does Portfolio Default Mean?
Portfolio Default means that holding will use the method selected in Default Portfolio Sale Allocation Method.
It does not create a separate rule for that holding.
Why doesn’t the strategy make a difference when I sell an entire position?
If you sell an entire position, the strategy usually won’t change the overall result because every remaining parcel in that holding is being sold.
Sale allocation methods matter most when Navexa needs to decide which parcel or parcels to use for a partial sale. If the full holding is sold, there are no remaining parcel choices to make for that disposal.
How does Navexa know not to apply the strategy to parcels that were already sold?
Navexa only applies the selected sale allocation method to parcels that are still available to be matched against a sale.
If a parcel was already fully used in an earlier sale, it is no longer available for future parcel selection. That means the strategy is applied only to the remaining unsold parcels in that holding.
What is a parcel?
A parcel is one specific purchase lot of a holding. If you bought the same holding more than once, Navexa treats each purchase as a separate parcel.
When does parcel selection matter?
Parcel selection matters when only part of a holding is sold and Navexa needs to decide which available parcel or parcels to match to that sale. If the entire holding is sold, the strategy usually will not change the overall result because all remaining parcels are being sold.
How do parcel selection overrides work?
Parcel selection overrides let you choose a different sale allocation method for a specific holding. If a holding is set to Portfolio Default, it will use the portfolio-level method. If you choose a different method for that holding, Navexa will use that override when selecting from the remaining unsold parcels for that holding.
What if I want a different method for one holding?
If you want one holding to use a different method, you can set a holding-level override in Per-Holding Overrides.
A holding set to Portfolio Default will use the portfolio’s default sale allocation method. If you choose a different method for that holding, Navexa will use that override instead of the portfolio default when selecting available parcels for that holding.