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Hi Brodieman123,Very respectfully, may I suggest that you take...

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Chris1690

315 Posts.

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13/05/19

23:56

Post #: 38546440
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Originally posted by Brodieman123: ↑

new to this particular forum and seeking help on paying as less tax as possible. currently own about 750,000 in shares. my wife is currently on maternity leave with our first baby and hasn't earned a $ this financial year. shares are all in her name. what's the best way of doing this? sell the lot prior to end of the financial year (she most likely won't work next fin year either). break it up between years? if I sell 100k of shares I bought for $1 making $90k in gains, does that mean I only pay 25% in tax or is it adjusted? any advice would be greatly appreciated . thanks

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Hi Brodieman123,

Very respectfully, may I suggest that you take the advice of a reputable tax accountant.

Your question is simple and your goal is sound: the advice ought to be just as simple.

Please let us know the answer.
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