The tax solution for your investment portfolio
If you’ve been struggling with calculating your portfolio taxes, it’s time to swap your spreadsheet for Sharesight.
Simplify your portfolio tax reporting
Built for Australian investors
✔️ ATO tax entities
CGT discounts are automatically adjusted based on your tax entity: Individual/Trust, SMSF or Company.
✔️ Franking credits
See all your dividends automatically flow through, with a breakdown of franked, and unfranked amounts.
✔️ SMSF record-keeping
Automatically record all trades & dividends, and connect to Xero to reconcile all the transactions against your SMSF bank account.
5 ways Sharesight helps Australian investors at tax time
Everything you need to calculate your portfolio taxes
⭐ See all your dividend income
Use the Taxable Income Report to see a running total of all your dividends, distributions and interest payments, broken-up by local Australian (non-trust and trust) income and foreign income. Franked/unfranked amounts and relevant franking credits are also provided. The report can be run at any time, over any time period.
⭐ Easily calculate your CGT
Use the Capital Gains Tax Report to calculate the capital gains you incurred from sold shares, as per Australian Tax Office (ATO) rules. You can optimise your tax position by experimenting with different sale allocation methods, and the report can be run at any time, over any time period.
⭐ Take advantage of tax loss selling
Use the Unrealised CGT Report to offset your capital gains against investments that have suffered losses this year. You can model the capital gains tax that would arise across your portfolio if the shares identified were sold on the report date, and you can modify the CGT sale allocation method at the overall portfolio or individual holding level to determine your optimum position.