Quick question regarding capital gains tax since I'm new to the share world.
1. If i hold a share over 12 months and sell for a profit then that profit goes on top of my annual salary and i pay tax on it at my current rate?
2. If i sell off for a profit within the firsr 12 months il have to pay 50% of capital gains in tax?
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- aus tax question.
aus tax question.
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