Interesting. CGT, when you think about it, can be a real set of golden handcuffs when you are sitting on windfall gains, but without any offsets. I get Tourette’s whenever I think about giving one cent more to the ATO than I absolutely have to.
The sale of the oppies right now is going to trigger a CGT event in 24/25 tax year, it will be brutal to have to put 40-50% of the profit something in something like AAA just for the taxmans bill. Have you thought about waiting for P3 and then (if good) immigrating to another no CGT country?![]()
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Ann: Security Class Reinstatement to Quotation- OPTOB, page-619
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