2021 BRN Discussion, page-6701

In my career the biggest losers were often those with the least to start with.

An example of this could be someone who has a modest income from superannuation who has bought BRN in their own name. Depending when they bought them they may have let’s say $30,000 profit. The tax free threshold is around $22,000. If they sold enough to create a $22,000 profit on 30 June,2021 and then bought those shares back on 1 July, 2021 they might in fact create a situation where they can pay no tax on $44,000 profit not $22,000.

This is not tax advice but advice to take proper advice even if you think you do not have very much reason to be concerned about having a plan.

My opinion only DYOR.
FF.

AKIDA Ballista