Free eBook
A brief guide explaining that inheritances aren’t usually taxed when received, but tax can arise later. It outlines the key records to collect so your tax agent can calculate the correct outcome and help you avoid CGT errors, missing cost base evidence, or incomplete reporting.
This guide helps you with:
Understanding when and why tax issues arise after receiving an inheritance
Identifying what you inherited, when you received it, and the key records to collect
Managing tax records for common assets such as property, shares, cash, and superannuation
Handling more complex situations including trusts and overseas inheritances
Applying good record-keeping practices and checking everything before you sell an inherited asset