Description
The Request for Capital Gains History Template is designed exclusively for Australian accounting and taxation professionals to obtain complete, regulator-ready records of a client’s capital gains activity. It standardises how you explain the purpose of the request, cites the correct standards and guidance (AASB 112, AASB 116, AASB 1054; ATO CGT record-keeping, CGT events, discounts and exemptions; CPA Australia resources), and sets clear expectations on what to provide and when. The result is faster client turnaround, fewer follow-ups, and CGT files that are ready for tax preparation, financial reporting, strategy discussions, and audit scrutiny—within your own practice.
Best features & benefits
• Customisable via easy-to-use merge fields (letterhead, client/entity, period, due date, contact details) for quick personalisation and consistent branding.
• Comprehensively researched for best practice—anchors your request to AASB 112/116/1054, ATO CGT record-keeping rules (incl. five-year retention), CGT events list, discounts/exemptions, and CPA Australia references.
• Includes relevant citations to industry and governmental bodies (ATO, AASB, CPA Australia) so your client sees a standards-aligned, regulator-facing rationale.
• Precise documentation checklist—full gains/losses for the period, contracts of sale/purchase & settlement statements, cost-base calculations with evidence (stamp duty, legal/holding/improvement costs), prior-year capital losses and their utilisation, CGT schedules lodged with the ATO, registry/platform/fund manager CGT reports, trust distribution statements, and evidence of rollovers or exemptions (e.g., small business concessions, main-residence relief).
• Covers all major asset classes—shares, property, crypto, and collectibles, with prompts to identify the relevant CGT event per asset.
• Clear submission methods & timeline—PDF scans or exported reports, secure portal/cloud upload, or registered post, all tied to a firm deadline to keep compliance workflows on track.
• Privacy & professionalism assured—explicit commitment to the Privacy Act 1988 (Cth), the Australian Privacy Principles, and APES 110 ethical standards.
• Client assistance pathway—ready-made wording to help clients authorise you to retrieve records from the ATO, share registries, investment platforms, or their previous accountant—reducing delays for time-poor stakeholders.
• Plain-English, client-friendly tone—explains the “what/why/how” to lift first-pass completeness and minimise clarification emails.
• Risk reduction & audit readiness—itemised, standards-aligned requests create a defensible audit trail for ATO review and internal QA.
• Reusable, practice-wide standard—deploy across onboarding, year-end CGT reviews, due diligence, and estate planning support with minimal edits—within your licensed organisation only.
Conclusion
This template is a time-saving, informative, process-streamlining tool for Australian accounting professionals handling CGT work. By combining authoritative citations, a complete evidence checklist, secure delivery options, and clear deadlines, it helps you gather everything needed the first time—accelerating analysis, reducing rework, and strengthening your compliance file for every engagement. Because it’s reusable, you can rely on it not just once but whenever you onboard a new client or prepare year-end CGT disclosures—delivering consistency, credibility, and speed across your practice.
