Hey Khop,
Short answer is no. Potentially depending on your income levels spreading the CGT over two + income years can assist with keeping you below certain marginal tax rates. It also pays to own your shares in a family trust if you don't have an SMSF (all depends on your personal situation/age etc as to whether an SMSF is the way to go).
Whereas, if you sell a business or "Active Asset" and qualify for the Small Business CGT concessions there are loads of way to reduce capital gains to anywhere between 25% to NIL. I suspect this is what Cherry is talking about.
Hey Khop,Short answer is no. Potentially depending on your...
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