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clock Created with Sketch. 06/05/17
15:54
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Originally posted by Gusman1974
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Probably starting to verge on tax advice, so cannot go into much more detail. From what I understand, as an individual shareholder (not sharetrader) you caculate all your gains and losses over the year, if you have gains and have held all for over 12M you take those gains and divide by 2, this figure then is added to your assessable income which is taxed at your individual tax rate.
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Basing investment decions on tax? I'm a growth investor. My accountant handles all this. I used to do it myself but when the number of trades numbered in the hundreds I gave up
