I have a small super account with an industry fund that allows you to buy shares.
I am on a self funded pension after 30 years in the Government so not sure how CGT works inside super. I have only recently (the last few weeks) bought some shares which have by chance risen in value. An amount has been allocated to cover CGT. MY question is; does CGT reduce if shares are kept for a year before selling and causing CGT or does it just attract the 15% no matter what the time frame or is there another answer.
Not wanting a bells and all complex answer just the basics will do if anyone can help I would be very thankful.
