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Which part holding or parcel to sell?, page-3

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A4paper

3,828 Posts.

452

11/10/21

17:34

Post #: 56717221
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Originally posted by A4paper: ↑

not advice blah blah

true, true, true etc..... ur choice and split em up whatever ya like (just apportion brokerage buy fees appropriately across the parcel if you split a parcel)

some xtra idle thoughts to mull:
most brokers use fifo to calculate cost base (profit/loss) and some do not allow editing of cost base... so it can get confusing on ur platform if u do not keep good independent records (like excel....) to do ur tax and keep track of things.

if u r carrying an existing (roll-over) tax loss then 50% does not apply.

Rise Up - Andra Day.

Expand

let me be more clear in my words....
u gotta use 100% profits to clear all losses b4 u can apply the 50% cgt thingo.

ato web thingo has good examples on this.
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