Shares, Tax Zones & Capital Gains with Conaill Keniry

In this episode, we’re focussed on shares and capital gains. We’ll explain the 4 different tax zones in Australia and the 3 factors that affect the amount of capital gains tax you’ll have to pay.

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Show Notes

Today’s guest is Conaill Keniry from What If Advice. Conaill is a financial advisor who helps clients invest for their future, reduce financial stress and take control of their money.

We will dig pretty deep today so to aid your understanding we have created a PDF with worked examples so you can follow as you listen.

Tax Zones (2:15)

Capital Gains Tax <12 months (5:43)

Capital Gains Tax Discount (7:55)

LICs and CGT concession (12:38)

Listener Questions (14:07)

Useful Links

ATO & Capital Gains

https://www.ato.gov.au/General/Capital-gains-tax/Shares,-units-and-similar-investments/CGT-listed-investment-companies-concession/

Argo special circumstances discount

https://www.argoinvestments.com.au/assets/docs/general/LIC-capital-gain-tax-deduction-FINAL-2019.pdf

AFIC