Share trading versus share investing

Current as of October 2015   Taxpayers are subject to different tax treatment for gains and losses on shares depending on whether they are considered to be a “share trader” or a “share investor”. Some of the key differences in the tax consequences include: Share investors are eligible for the 50% general CGT discount when they sell shares that they … Read More

Can I transfer listed shares in my name to my SMSF?

Current as of October 2015 Yes you can – the proposed ban on off market share transfers to SMSFs was never legislated, so this green light still exists. The advantage of having your SMSF own the shares is the flat tax rate of 15% on the dividends and capital growth (10% if held longer than 12 months) and if you’re … Read More