Our capital gains carry back tool models the impact of making an election to spread capital gains.
This is a jurisdictional election and allows capital gains to be carried back, firstly against capital losses, with the remainder allocated to the entities in the jurisdiction based on their share to the total capital gains.
There’s actually a little bit more to it than that, and the numbers can get a little messy.
Use our Capital Gains Carry Back Calculator to see the impact of making the election for different scenarios.
You can also see further analysis of this election, including worked examples at: