Insights

What records should you keep for capital gains tax?

If you own an investment property or shares, the records you keep today decide how much CGT you pay when you sell. Here's the plain-English version of what to hold on to, and for how long.

Start with the purchase

Keep the contract of sale, conveyancing and stamp duty — they form your cost base. [Sample article body for the mock; real articles are the retainer's monthly output.]