'Tax man will love me with my CGT'
Best to hold LT shares in a SMSF - only 10% CGT, and 0% if held to post 60.
That 15% difference in CGT adds up over the long term of investing, over many years.
Outside of an SMSF my CGT would be in the very substancial, but as now over 60 and all held within the SMSF, there is zero tax to pay.
Best to all, and now we have to find the next one. Easier said than done, as I've had a few bad ones along the way
'Tax man will love me with my CGT' Best to hold LT shares in a...
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