Yeah did my head in to begin with ,wait till you buy shares in bundles at different prices .
The way I do it when I submit my returns to the accountant .
I bought 100 shares at 1.00
The shares increased to 2.00
To reduce my exposure I sell 50 at 2.00.
I have made a profit of 50 bucks on those shares . I have have made a capital gain of 50
I then declare that 50 on my tax return . Less any applicable fees etc
When I sell the other 50 I then do the same .
- Forums
- ASX - General
- CGT on shares
Yeah did my head in to begin with ,wait till you buy shares in...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)