Imp Dates

20/9/1985 on and after qualify for cap gain tax.

19/9/1999 b4 this date qualify for indexation.

21/8/1991 can capitalise 3rd element costs like rates, interest costs, land tax if they have not been deducted at time of sale.

13/5/1997 assets acquired after this date, qualify to deduct building costs off in the event of sale.

9/5/2017, 7:30 pm costs of 2nd hand assets acquired not deductible/depreciable; increase capital gain.

1/7/2019-no claim for costs associate with land

Trick: watch out exes and sale are incurred in correct fin yr to claim