Mick,
You will need independent professional advice but i would expect that profit on sale within 12 months of purchase is not capital gain but added to normal income and taxed accordingly.
If you have held over 12 months then may be a capital gain depending on purpose for which they were bought ie long term hold or trading profit.
If capital gain in your own name probably 50% of profit taxable.
You apparently hold a lot so get some expert advice pronto.
a question for you accountants, page-7
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