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  TAX - A to HCapital Gains TaxCPI Factors (1985-1999)      Tuesday, 27 July 2021  

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CGT - Consumer Price Indexation Factors


* Please click on maximise [+], not the titles, to display the contents of any hidden containers * 
 

   
20 September 1985 - CGT Starts
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21 September 1999 (11:45am AEST) - Indexation Method Ceases
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Consumer Price Indexation Factors
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Year

Qtr ending  31 March

Qtr ending  30 June

Qtr ending

30 September

Qtr ending

31 December

1999

121.8

122.3

123.4

End

1998

120.3

121.0

121.3

121.9

1997

120.5

120.2

119.7

120.0

1996

119.0

119.8

120.1

120.3

1995

114.7

116.2

117.6

118.5

1994

110.4

111.2

111.9

112.8

1993

108.9

109.3

109.8

110.0

1992

107.6

107.3

107.4

107.9

1991

105.8

106.0

106.6

107.6

1990

100.9

102.5

103.3

106.0

1989

92.9

95.2

97.4

99.2

1988

87.0

88.5

90.2

92.0

1987

81.4

82.6

84.0

85.5

1986

74.4

75.6

77.6

79.8

1985

Pre CGT

Pre CGT

71.3

72.7

 

 ABS data used with permission from the Australian Bureau of Statistics.  See ABS catalogue number 6401.0 Consumer Price Index Australia, CPI all Groups Weighted Average of Eight Capital Cities.

 

 

Capital gains indexation

 

Indexation is only relevant in working out the cost base of an asset acquired before 21 September 1999.  If the indexation method (rather than the discount method) is used to work out a capital gain from such an asset, some of the cost base expenditure of the asset may be indexed to account for inflation up to the September 1999 quarter.  Changes to the law mean that indexation is frozen at that time.

 

 


This page was last reviewed on 28 December 2020

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