Australian (ASX) Stock Market Forum

income tax

  1. T

    CGT and Personal Income Tax

    Guys, I have been out of the country for couple of years and only returned earlier this financial year. Some of the shares I bought back around 2010 significantly appreciated in value and I am sitting on large paper profits. I want to sell and realise the profits but before doing so I am...
  2. sydboy007

    Income tax rates in Australia

    i was thinking that we currently have 5 income tax brackets that have relatively arbitrary income levels before they kick in. Would it be better if we had a system that lined up each tax bracket to the income quintiles (20%)? The advantages of this would be: * better understanding of...