hey Jaded,
The only reason superannuation was mentioned was because I've been doing it a bit myself with my newly setup DIY super fund. Transferring stocks at the lowest possible price means less CGT payable (and of course there are nice tax deductions available to offset CGT).
As far as losses go, yes when you transfer shares to a DIY fund it is the same as selling them so any loss can be offset against gains.
As the June 30 deadline gets closer, expect a LOT of this sort of activity.
cheers
hey Jaded,The only reason superannuation was mentioned was...
Add to My Watchlist
What is My Watchlist?