3 CGT Lies Crushing Aussie Investors At Tax Time

Sort your taxes in just minutes: www.navexa.io
I breakdown the three biggest lies around capital gains tax here in Australia.
CGT Strategies explained:
• First In First Out (FI...
• Last In First Out (LIF...
• Minimize Gain | Capita...
• Maximise Gain | Capita...
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[@copyjitsu]

I came here looking to love it, and mate, I LOVED IT. Deep insights. Great hoodie!

[@navexa-tracker]

I wore that hoodie just for you!

[@AlexaTrousselot]

So helpful Navarre, another great video

[@navexa-tracker]

Glad it was helpful!

[@peterjankowski91]

Great video, thanks Navarre.

[@navexa-tracker]

Glad you liked it!

[@shannongardner6407]

great explanations. Thank you

[@navexa-tracker]

No problem!

[@scottyt-au6902]

Like the Navexa program platform but had issues understanding how to fix errors identified using manual adjustment.

[@navexa-tracker]

Feel free to send in some details to [e-mail] and we can help you out.

[@maverick4026]

Great program saves heaps of time

[@navexa-tracker]

🙏

[@lynbooth1431]

Great video! Thxs. So just checking that I have this right ..in Navexa you can select an individual share to calc the CGT?

[@navexa-tracker]

You can view the CGT for individual shares if you like. You can also set a CGT strategy for an individual share too.

[@TatsukiThomas]

lifesaver brother.

[@navexa-tracker]

🛟

[@herbertvonsauerkrautunterh2513]

I paid for sharesight. Is navexa better?

[@navexa-tracker]

In my very bias opinion, yes! But checkout our reviews: au.trustpilot.com/review/navexa.io

[@tg5834]

How are CGT gains and losses affected when ATO laws change you back and forth between trader or invester?

[@navexa-tracker]

That becomes a tricky situation. I'd get the answer from your accountant in that case.

[@Stewpercy]

i did not know you could change

[@navexa-tracker]

@@Stewpercy you can indeed!

[@user-cg7vz3sy3f]

For dollar cost averaging can you just (legally) use an average? Even if it’s not the most efficient tax strategy?

[@navexa-tracker]

Not in that case. There is a very limited use case for using an average and DCA fails the ATO requirement of "the shares are acquired on the same day". You can read about it here: www.ato.gov.au/forms-and-instructions/capital-gains-tax-guide-2023/part-a-about-capital-gains-tax/investments-in-shares-and-units