I would much rather make a massive profit and have to pay CGT, than avoid a profit to avoid some level of tax...
But yes, it may be worth talking to your Accountant and seeing what the best method going forward is.
There are a number of different strategies they can implement, some may be as simple as keeping a diary of transactions and intentions.
Other strategies may be to leverage another asset short term, until you are within the the CGT discount period on your original holdings.
But yeah... pretty hard to find a good accountant, you certainly wont be paying $99 for good advice, like the carpark Tax Return guy.
I would much rather make a massive profit and have to pay CGT,...
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Last
$1.26 |
Change
-0.045(3.46%) |
Mkt cap ! $208.5M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.30 | $1.25 | $77.93K | 61.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1861 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 5256 | 1 |
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| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.045 ( 1.91 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.29 | $1.25 | 5875 | ||
| Last updated 15.55pm 30/04/2024 ? | |||||
| RAC (ASX) Chart |