I have a question regarding which vehicle to buy shares in. My situation is that I run a fairly succesful business, so i now have some excess funds to invest in the share market. Currently the majority of my cash is sitting inside a company structure (business operates out of a trust and distributes profits to the company).
My accountant is telling me to buy shares inside the company, but im not sure this is correct as I then wont get the 50% CGT discount on future Capital Gains.
So my question is, should i buy in the company or would i be better off paying out fully franked dividends and buying shares either in my name, or a trust. A dividend would see me pay some tax at my marginal rate (thus less money to buy shares), but then long term am I not better off by having access to the CGT discount.
Help appreciated by anyone who has been in this predicament or has any thoughts on this issue.