I also use comsec and i have a method for simple tax reporting for CGT.
First you sort the report out to show u all the BUYS IN A YEAR. Download it as an excel file.
Then do the same for all the SELLS IN A YEAR. Download it to an excel file.
Copy and past the sell info next to the buy info and total them up.
You should have 2 totals. One your buy total and second your sells total. Then you make a cell that takes your total sells and subtracts it from your total buys.
THIS IS YOUR CGT.
THEN
comsec also give u brokerage paid for the year.
YOU CAN CLAIM BROKERAGE AS AN EXPENSE.
You should subtract this off the figure we calculated before since brokerage is an expense to you. (kinda like a loss)
This is all u need to report for the tax office for your CGT.
However you may also need to report divy which is a different story.
ALSO this is for trades done in less the 12 months. If you are a long term trader and have made a capital gain thats has lasted over a year your entitled to a 50 percent discount. Also there are many tax deductible expenses that you can claim aswell (like the laptop im useing to type this).
Disclaimer: im not a professional accountant so this info is only non professional advise IMO please consult your professional accountant for clarification and stuff blah blah blah (insert small unreadable legal text here) but yeah u get my point
