All losses can be offset against your income. Say you loss 10,000 but your income is 50,000...itis now taxable at 40,000 which is under 45,000 so tax rate is 19cents to the dollar.
CGT is reduced after 12 months to 50%..so these two things can save you thousands of dollars in taxes
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All losses can be offset against your income. Say you loss...
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