AU property disposal form "*" indicates required fields Your Basic DetailsYour Name* First Last Email Address* Full address of the property* Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country AfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos IslandsColombiaComorosCongoCongo, Democratic Republic of theCook IslandsCosta RicaCroatiaCubaCuraçaoCyprusCzechiaCôte d'IvoireDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaFalkland IslandsFaroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly SeeHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth MacedoniaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine, State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRomaniaRussian FederationRwandaRéunionSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint MaartenSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwedenSwitzerlandSyria Arab RepublicTaiwanTajikistanTanzania, the United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkmenistanTurks and Caicos IslandsTuvaluTürkiyeUS Minor Outlying IslandsUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamVirgin Islands, BritishVirgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabweÅland Islands Is it an actual sale, or an anticipated sale?* Actual Sale Anticipated Sale Confirmation that you have disposed of the freehold of the property (rather than the leasehold)Have you disposed of the leasehold?*Read: What is freehold vs leasehold? No, I/we disposed of the freehold Yes, I/we disposed of the leasehold Confirmation that you will dispose of the freehold of the property (rather than the leasehold)Will you dispose of the leasehold?*Read: Freehold vs Leasehold No, I/we will not dispose of the freehold Yes, I/we will dispose of the leasehold Anticipated length of lease remaining at date of sale*Length of lease remaining at acquisition*Property Ownership PercentageConfirmation of your ownership percentage of the freehold/leasehold*(i.e. 50% Person A and 50% Person B 50%)NameOwnership Percentage Add RemoveProperty Sale DateWhat will be your anticipated sale date and sale price?What was your sale date & price?Read: Sale datesDate of exchange* DD slash MM slash YYYY Date of completion* DD slash MM slash YYYY Sale Price*Associated costs of salePlease enter the anticipated costs below to the best of your ability.Solicitor’s fees*Estate agent fees*Other (searches etc)*AU MortgagePlease confirm the mortgage redemption value at the time of sale (or confirm that the property was not mortgaged)If the property was mortgaged, specify whether the mortgage was in AUD or a foreign currency, and if in a foreign currency, confirm the currency.Acquisition DetailsDate of acquisition* DD slash MM slash YYYY Acquisition cost (i.e., the purchase price)*Associated costs of acquisitionSolicitor’s fees*Stamp Duty Land Tax (SDLT) if any*Other (searches etc)*Dates (if any) that you physically occupied the property as your main residence (home)Date that you physically occupied the property as your main residence (home)Please use date format: dd/mm/yyyyMove-in dateMove-out date Add RemoveOther properties worldwideProperty DetailsPlease provide details of any other worldwide properties you purchased or owned during your period of ownership of this AUS property. Country where property purchased Date of purchase Actions Edit Delete There are no Properties. Add Property Maximum number of properties reached. Details of any enhancement expenditure incurred on the propertyPlease provide details of enhancement expenditure:Please note that relief is not available for expenses already deducted in previous UK or Australian tax returns. For example, a boiler replacement claimed as a rental expense on a UK tax return cannot be included in the UK CGT computation. Non-capital expenses (e.g., painting, decorating, replacing carpets, appliances) are typically deductible against rental income and not included in the CGT computation. Only costs that result in an enduring improvement enhancing the property’s value at the time of disposal are allowable as deductions in the CGT computation. To this end, please provide the following information: Description of expenditure incurredAmount incurred (AUD)Date incurred (dd/mm/yyyy) Add RemoveDetails of any Australian capital lossesBrought forward and available as at 1 July 2024Realised in the Australian tax year ending 30 June 2025Depreciation claimed on Australian tax returnPlease confirm the total amount of capital works deductions claimed on your respective Australian tax returns relating to the property*Read: What are capital works deductions?Please confirm the tax written down value (TWDV) at the date of sale on non-pooled assets used within the property claimed on your respective Australian tax returnsRead: What are non-pooled assets?Please confirm your estimated taxable income (excluding this sale) and anticipated top tax rate for the current Australian tax year ending 30 June 2025*For futher information, see the ATO website here.Costs of OwnershipIt may be possible to claim relief for certain costs incurred during the period of your ownership of the property when it was not let to tenants. If the property has always been let to tenants then this is not relevant to you. To this end: Please provide the totals of the following costs incurred during the period of your ownership when the property was not let to tenants. If helpful, you may provide a summary of these costs in an Excel spreadsheet, itemising: A description of the cost (e.g., mortgage interest), The date of payment, The amount, and The currency of the payment. While this level of detail is not required as part of this exercise, please note that the ATO may request substantiation for any costs included in the Australian tax return if they review the relevant sale.Please provide totals of the following costs incurred the during period of your ownership of the property when it was not let to tenants.Mortgage interestBuildings insurance (excluding contents)Council taxStrata leviesRepairs and maintenancePhoneThis field is for validation purposes and should be left unchanged.
