How to enter inherited shares in Australia.

How to enter inherited shares - Australia
I have inherited shares and I am not sure what date to enter as purchase date. Do I enter the date they were originally purchased by my mother or do I enter the date they were received by me?? I understand that in Australia the shares carry capital gains from the date of original purchase until the date sold. Thanks for any help. JoJo

1 Like

Hi JoJoInvest,
I recently went through this with my own mother’s shares. In Australia you would need to enter the original purchase date and price of the shares when your mother bought them. Then when or if you sell them, the capital gain is worked out based on the original purchase date/price and Sharesight will correctly calculate the capital gains amounts.