Iron ore price, page-13695

"The idea is to make as much as possible in any given year and concentrating too much on tax can bring some unstuck"

I think the aim is to make as much as possible from any given trade or holding and delay and minimise the tax for as long as possible so that
you are making money on the tax to be paid

So rolling profits over the FY end makes sense
Selling before FY end to keep taxable income to a long term lowest average makes sense
Dont forget when trading around dividend time you have to hold the share for longer than 45 days to get
the franking credit (small holder exempt <$5000 FC in 1 year)
Dont forget >12 mths for 50% discount on the capital gain

dont forget to relax and enjoy the thrills of you against the market and australias only truly national sport - Tax Minimisation

I cannot stop myself from comparing to my time in Hong Kong no GST no CGT Company Tax 16.5% Personal Tax starts 2% to max rate 17%
with a lot of deductions each person (~AUD24k) and child(~AUD20k) mortgage interest up to ~AUD18k for first 15 yrs on private residence
eg Family Man and Wife with 2 kids with mortgage ~AUD108 before you pay any income tax
during my time in HK I was on after tax more than the PM and I was not particularly highly paid

and we wonder why tax minimisation is out national sport ????