• Assets acquired pre 20/9/85 are not subject to income tax (deeming provisions may result in pre 20/9/85 assets being converted to post. Consult your adviser).
• Asset acquired post 19/9/85 and sold post 20/9/99.

	Tax Rate	Discount Capital Gain*
Individual	MTR¹	50%¹
Discretionary Trust²
*Individual Beneficiary assessed	MTR	50%
*Company Beneficiary assessed	30%	Nil
Company	30%	Nil
Superannuation	15%¹	33.3%¹

MTR = Marginal Tax Rate.

* If asset held > Twelve months.

¹ If asset acquired before 21/9/99 an optional method of calculating capital gains is 100% of the gains between the realised price of the asset and its indexed cost base, (frozen indexation at 30 September 1999).
² Other rules apply to distributions of capital gains by unit trusts. Consult your adviser.

If roll-over release is available, a capital gain or a loss from a CGT asset can be deferred or ignored. Consult your adviser if you believe you may be eligible for roll-over relief.