So I am a retiree with a small drawdown from super and a bit of pension and I hold shares in a company that is doing well. Most of the shares were purchased well over 12 months ago. Now if I sell parcels that net for example a $30,000 profit before CGT and that is then discounted to $15,000 CGT does that mean I come in under the $18,200 tax threshold and not required to pay any tax that year?
TIA.
