Capital Gain & Dividend Statement

[OmairA]

Hi Fellows,

Its tax time here in down under and need the capital gains and dividend statement for filling the tax return. I am struggling to find a way on IG platform to do that.

I would be thankful if anyone could point me in the right direction. I hope it should be something simple.

Cheers.

[Quacker]

If you're currently holding / traded less than 10 stocks you could sign up for a free Sharesight account and manually import your statements.  Otherwise you pay for extra for larger trading activity and additional services.  Sharesight is great and makes tax time very easy.  You can have IG forward your trading statements for automatic tracking, then at the EOFY you simply select which reports you would like to generate.  Depending on your situation you may be able to claim the cost of the service on tax.

If you do go down this path you need to email IG and have them add an additional email address that directs your statements to the Sharesight server.

 

Manual trade history -

Trade history can also be downloaded from your IG dashboard, hit the three dots on the far right of you accounts, for ASX trading (Not CFD's) Select history - Show trade history - select the date range - Download as excel format.

 

 

[OmairA]

This is really helpful.

Thanks a bunch, appreciated.

[MrBR]

Second that. Sharesight is great tool. Relatively inexpensive and you can possibly claim as a tax deduction. If you're into international stocks, it's great (or in my case not so great! 😭) to see the impact on currency swings on the stocks you hold.

[Tcs106]

@Quacker Out of curiosity, are you based in Australia? The reason I ask is I've been told IG UK could not forward trading statements for automatic tracking to a third party website. It also does not seem like ShareSight have IG UK as an approved Broker.

[Quacker]

Yes I am Australian, trading on the ASX.  I sent my request to helpdesk.au@ig.com

Otherwise you can forward your statements manually.  Possibly setup an auto forward?

 

https://help.sharesight.com/au/supported_brokers/

[Looty]

I am able to work out capital gains myself pretty easily. But what about dividends for my tax. How do I know how much was franked etc. There is another post that states that there is a dividend statement that is issued by IG once a year, but cannot locate it anywhere. Can someone direct me on how to access this statement?

[CharlotteIG]

On 31/07/2020 at 06:02, Looty said:

I am able to work out capital gains myself pretty easily. But what about dividends for my tax. How do I know how much was franked etc. There is another post that states that there is a dividend statement that is issued by IG once a year, but cannot locate it anywhere. Can someone direct me on how to access this statement?

For share dealing accounts we do provide yearly tax statements. You should be able to find them on the MyIG page by selecting Live accounts> (make sure share dealing is selected) > Statements. 

If you're having issues finding the statement here, or you want a statement for a different account please email us at helpdesk.uk@ig.com. 

All the best 

[Guest FMS]

On 06/08/2020 at 15:50, CharlotteIG said:

For share dealing accounts we do provide yearly tax statements. You should be able to find them on the MyIG page by selecting Live accounts> (make sure share dealing is selected) > Statements. 

If you're having issues finding the statement here, or you want a statement for a different account please email us at helpdesk.uk@ig.com. 

All the best 

Tried emailing, got response IG :
 

These statements are only generated if you've received dividends last financial year. If you haven't received dividends last financial year, you can access your trade history under Live accounts > History > Trade history and selecting the period. Other commissions transactions and the like can be found under Live accounts > History > Transactions.

If you want a summary of all trades with purchase price, taxes, consideration etc then this can be produced and exported from MyIG / Live Accounts / History / Trade History and you can then select the dates within which the export should be generated.