⚠️ Important Notice The figures in this report are generated from the data you have entered into Navexa. They are approximations for advisory purposes only. While we make every effort to ensure accuracy, there is always a possibility of error. You should verify these results independently before lodging your tax return. If you are unsure, please consult your accountant or tax advisor.
Use the Capital Gains Tax report to review your realised capital gains and capital losses for a selected financial year in Navexa.
Open The Report
To open the report, go to Tax Reporting in the left-hand menu, then select Capital Gains Tax.
This report is designed for Australian tax reporting and works on a financial-year basis, from 1 July to 30 June.
Before You Review It
Before relying on the report, make sure your portfolio data is complete and up to date.
Check that:
Your buy and sell trades are recorded correctly.
Your portfolio is the correct one.
You have selected the correct financial year.
Your CGT settings match the method you want Navexa to use.
The report is generated from the data already in your portfolio. If that data is incomplete or incorrect, the report will be too.
How To Use The Report
Once you open Capital Gains Tax, use this workflow:
Select the financial year at the top left.
Review the summary section at the top of the report.
Check the detailed transaction tables underneath.
Click CGT Settings if you want to review or change the sale allocation method.
Click Export to download the report as XLSX or PDF.
This report helps you understand how Navexa has calculated your capital gains result for that year before you export or share it.
What The Net Capital Gain/Loss Summary Means
The Net capital gain/loss summary gives you a top-level view of your CGT result for the selected financial year.
Non Discountable Capital Gains
Non discountable capital gains are gains that do not qualify for the CGT discount.
In Navexa, this section usually includes:
Short Term Gains, which are gains on parcels that do not qualify for the discount.
Capital losses available to offset, which reduces those gains where applicable.
Discountable Capital Gains
Discountable capital gains are gains that may qualify for the CGT discount.
In Navexa, this section usually includes:
Long Term Gains, which are gains on parcels that qualify for discount treatment.
Capital losses available to offset, which reduces those gains before the concession is applied.
CGT Concession Amount
The CGT Concession Amount shows the discount amount applied to eligible gains inside the report calculation.
This is shown as its own line so you can see the reduction separately from the gross gain amount.
Capital Gain
The Capital Gain line shows the final capital gain result for the selected portfolio, year, and sale allocation settings.
This is the report’s final CGT outcome after gains, losses, and any concession amount shown in the report have been applied.
What The Tables Mean
Below the summary, Navexa shows the underlying transactions that make up the result.
These tables help you understand which parcels were used in the calculation.
Short Term Capital Gains
The Short Term Capital Gains table shows disposals that fall into the non-discountable part of the report.
Long Term Capital Gains
The Long Term Capital Gains table shows disposals that fall into the discountable part of the report.
Capital Losses
The Capital Losses table shows disposals that resulted in a loss for the selected year.
What The Columns Mean
The report tables include the key details used in the calculation.
Symbol shows the holding or asset that was sold.
Sale Allocation Method shows which tax strategy Navexa used for that parcel. This may be the portfolio default or a holding-specific override.
Purchase Date shows when the sold parcel was originally acquired.
Gain Date shows the disposal date Navexa used for the gain or loss event.
Sold Quantity shows how many units from that parcel were used in the calculation.
Cost Base shows the recorded cost of the parcel used for the calculation.
Sale Value shows the value Navexa used for the disposal side of the calculation.
Gain or Loss shows the result for that parcel after comparing the sale value against the cost base.
Review Your CGT Settings
CGT Settings controls how Navexa selects purchase parcels for sales in the selected financial year.
From CGT Settings, you can:
Choose a default portfolio sale allocation method.
Set a different method for individual holdings.
Update the report settings for that financial year.
The available methods shown in the current report settings are:
FIFO (First in, First out)
LIFO (Last in, First out)
Maximize Gain
Minimize Gain
Minimize CGT
These settings apply to the financial year you are viewing in the report. Read more about CGT tax settings
Export The Report
When you are ready to save or share the report, click Export.
You can export the report as:
XLSX
PDF
This is useful if you want to keep a copy for your records or send the report to your accountant.
Carry-Forward Capital Losses
Navexa can record capital losses and carry unused amounts forward into later financial years.
These losses may come from:
Capital losses calculated in an earlier Navexa report.
Historical capital losses entered manually.
A carried-forward balance recorded through Confirm Earlier Years as Lodged.
Available losses can then be applied against capital gains in later financial years.
Review earlier financial years first, as missing trades or incorrect loss balances can affect subsequent reports.
For more information, see Carry-Forward Capital Losses In Navexa.
Important To Know
Navexa currently supports tax calculation and reporting for Australian customers only.
Verify the report against your records before lodging your tax return or sharing it with your accountant or registered tax agent.
Remember, this is general information, not personal financial advice.