Any gain made on the sale of 10,000 shares would be assessable for tax purposes. If you held that amount for less than 12 months, the entire gain would be assessable. If you held for 12 or more, only half of that gain would be assessable. The assessable amount would be taxed at the applicable income tax rate.
Try using this tool to see what effect a capital gain would have on your tax https://paycalculator.com.au/
This of course assumes that you are also below 'retirement age' and not trading within your super, a scenario where any gain would be tax free.
2022 BRN Discussion, page-2903
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $361.9M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $878.2K | 4.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 1444914 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 388739 | 9 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |