Camban, 30% on shares held less than 1 yr and 15% on those held for over a year.
Unless you have capital loss or are trading as an income then you can use some of your profits as that and pay less tax.
And you don't have to pay tax until about March in the year after you lodge so you can buy whatever you want with the profit.
It just comes back to bite you and either you sell more shares to pay the tax or sell the Lambo cheap.
I am sure everybody trading here knows this, we have all been here a long time.
You don't have to get upset about it.
Every +1c in FBR = What can you buy?, page-53
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Last
4.7¢ |
Change
-0.011(19.0%) |
Mkt cap ! $208.7M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.9¢ | 4.7¢ | $1.362M | 25.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1239259 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 50000 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |