Reportng CGT-exempt amounts

I’ve paid a CGT-exempt amount (i.e the otherwise-taxable capital gain on sale of a small business asset) into my SMSF.

How is this to be reported – in the members benefit statement, or elsewhere?

A: Thanks for the question.


I would suggest speaking to your fund administrator.


You will need to complete this form; https://www.ato.gov.au/Forms/CGT-cap-election/


Finally, this contribution will be classed as a ''Tax-free contribution.''



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