Hi Guys and Girls, new here..
just need to run a scenairo with people who know this. I live in Australia and am a resident for tax purposes. If i was to invest 50K in shares on the AIM (alternative investment market) and in about 2 years time the shares were worth 550K (so i've made a 500 K gain) if i was wanting to sell my shares to make that profit, how much CGT would i pay ?
Thanks in Advance
p.s the reason i ask is i have been told NOTHING then i've been told 50% so as you can see im just going back and forth