Cost base less sale price equals capital gains that is added to any assessable income and taxed at the relevant marginal tax rate. If you hold the asset for more then 12 months then only 50% of the capital gains is added to the assessable income.
Link below to the experts - Australian Taxation office;
https://www.ato.gov.au/Individuals/Capital-gains-tax/Calculating-your-CGT/
You should seek advice from an approved tax agent relating to your personal circumstances. I am not one of them.
Cost base less sale price equals capital gains that is added to...
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Last
6.7¢ |
Change
-0.003(4.29%) |
Mkt cap ! $94.99M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.7¢ | $95.88K | 1.411M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 247188 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 328173 | 8 |
View Market Depth
| Last trade - 14.09pm 13/05/2024 (20 minute delay) ? |
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Last
6.7¢ |
Change
-0.003 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.0¢ | 6.7¢ | 813908 | ||
| Last updated 14.25pm 13/05/2024 ? | |||||
| IVZ (ASX) Chart |