I dont know how to simplify it for you but I'll try.
You bought at X sold at Y. Tax is payable.
If the price goes higher CGT is payable at your current tax rate.
If the price goes lower your loss is rolled over to cover any future gains.
What your trying to do is preserve your capital invested. Nothing wrong with this strategy. But as a rule of thumb take what you initially invested and add your tax rate on top to cover your tax liability.
Then let your profits run.
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$1.50 |
Change
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Mkt cap ! $3.422B |
Open | High | Low | Value | Volume |
$1.49 | $1.52 | $1.48 | $9.137M | 6.077M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 192340 | $1.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.51 | 18932 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 55355 | 1.500 |
5 | 147466 | 1.495 |
14 | 190856 | 1.490 |
4 | 95483 | 1.485 |
13 | 122376 | 1.480 |
Price($) | Vol. | No. |
---|---|---|
1.505 | 18932 | 2 |
1.510 | 59652 | 2 |
1.515 | 157377 | 5 |
1.520 | 198412 | 12 |
1.525 | 62584 | 3 |
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