HACKER Q&A
📣 throwawayaussie

Tax on Australian Shares


Wondering if anyone else has looked into how to minimize tax on realizing aussie tech shares? AFAIK we pay income tax (~45%) when exercising shares, which really sucks. Other than paying the incoming tax bill, and holding for a few years (insanely risky), is there any other ways of reducing tax (assuming you don't want to drip sell). Trusts, capital losses, any approaches?

  👤 simonblack Accepted Answer ✓
Trusts, capital losses, any approaches?

That's a whole big can of worms, there.

You need professional advice regarding tax issues, and other financial issues.

Get yourself a good accountant who is a tax agent and can/will prepare your yearly ATO returns. I've been with my guy in Adelaide for 30 years, even though we have moved to Victoria and then to Queensland.