Oh dear... socialists think that can manipulate the market

[harvey]

Don't be scared of tax. If you are not paying tax, then you are not doing it right

There's risk in everything. Without risk, there is no reward

I know that lol. I just want to legally minimise it. For me that is an impt consideration. I don't want to see large tax bills at the end of the financial yr.

Psst .. you're talking to someone who at one stage tax deducted the family dog ok lmao ?

I bet that last sentence made you laugh lol!

Then go for franked dividends, but thats short term returns or better still go for the CG and cash in when you retire or income is low

[Leftwinger]

The ins and outs, shares go up share. . .oops IQ has come already

[Leftwinger]

I can't hear you when you have your mouth full of Monks cock.
Do you spit or swallow?

The internet really is a Godsend for IQ. It allows him to express his true self anonomously from behind a keyboard. If he ever expressed his true personality in the real world, he'd be serving life in an institution for sex offenders

[Jovial Monk]

After having his face rearranged.

[IQS.RLOW]

Don't be scared of tax. If you are not paying tax, then you are not doing it right

There's risk in everything. Without risk, there is no reward

I know that lol. I just want to legally minimise it. For me that is an impt consideration. I don't want to see large tax bills at the end of the financial yr.

Psst .. you're talking to someone who at one stage tax deducted the family dog ok lmao ?

I bet that last sentence made you laugh lol!

Don't forget to note that CGT applies at the top rate unless you keep the stocks for a year after which only 50% of the capital gain is taxed... Effectively giving you a 23% CGT rate on your investment

Yep .. as I thought .. more TAX! I so HATE that word lol!

Hang on .. what's all this BS about stocks/shares and liquidity then? You're basically saying that you SHOULD be keeping the stocks for a yr .. if you're going to reduce your tax obligations. Right?

I think there are ways around this if you are a daytrader. Your CG is basically classified as income but you would have to look into that more yourself if you wanted to go down that track

I typically invest for the medium-long term and choose the companies accordingly

Just keep in mind that your CG is realized immediately (should you make one) so you need to make provision for it same as any other investment. You invest $10k and it rises to $15k and you decide to sell, you have the $15k in your bank within a few days. The gov will want their share so squirrel away what is required

You can blame Cheating for that one

[IQS.RLOW]

After having his face rearranged.

The tough guy fags are out in force tonight. Must be all that drinking of each others testosterone

[lisa jones]

Don't be scared of tax. If you are not paying tax, then you are not doing it right

There's risk in everything. Without risk, there is no reward

I know that lol. I just want to legally minimise it. For me that is an impt consideration. I don't want to see large tax bills at the end of the financial yr.

Psst .. you're talking to someone who at one stage tax deducted the family dog ok lmao ?

I bet that last sentence made you laugh lol!

Don't forget to note that CGT applies at the top rate unless you keep the stocks for a year after which only 50% of the capital gain is taxed... Effectively giving you a 23% CGT rate on your investment

Yep .. as I thought .. more TAX! I so HATE that word lol!

Hang on .. what's all this BS about stocks/shares and liquidity then? You're basically saying that you SHOULD be keeping the stocks for a yr .. if you're going to reduce your tax obligations. Right?

I think there are ways around this if you are a daytrader. Your CG is basically classified as income but you would have to look into that more yourself if you wanted to go down that track

I typically invest for the medium-long term and choose the companies accordingly

Just keep in mind that your CG is realized immediately (should you make one) so you need to make provision for it same as any other investment. You invest $10k and it rises to $15k and you decide to sell, you have the $15k in your bank within a few days. The gov will want their share so squirrel away what is required

You can blame Cheating for that one

Hmm .. daytrading eh? I need to look into that then. I'll ask around and get some ideas.

I'm surprised you haven't asked me HOW I tax deducted the family dog lmao. Even our accountant nearly fell over laughing after I told him about it.

[harvey]

After having his face rearranged.

The tough guy fags are out in force tonight. Must be all that drinking of each others testosterone

Youre lowering yourself down to their level IQ
Thought that childrens' bedtime would have been and gone - guess the baby sitter is away.

[harvey]

I'm surprised you haven't asked me HOW I tax deducted the family dog lmao. Even our accountant nearly fell over laughing after I told him about it.

You can basically tax deduct anything now with self assessments.
Whether you get picked up when you get audited is another thing entirely.

[lisa jones]

IQ?? You're still laughing ... aren't you lol?