How To Reduce Taxes In Australia 2025 | Stock Market Investing

[@knoxtfo]

Really great content for us australians! Thanks Brian!

[@BryanInvest]

Thanks for the kind words mate! 👍

[@ShannenFarman]

You spelt bryan wrong its bryan you fake

[@blueswasthecatalyst7758]

Before i started watching your videos share trading and taxes were like a foreign language to me but thanks to you I'm considering dipping my toe in the water. Thanks Brian for educating me.

[@BryanInvest]

Wonderful to hear mate. I wish you all the best on your investing journey 😊

[@rfvendrame]

Nice content, thanks for sharing. I found the background Sax very distracting, maybe considering tuning it down or not having any soundtrack while you speak for next ones. Thanks!

[@BryanInvest]

Yeah, unfortunately I realised this after posting. I've made sure to reduce the background music in my future videos! Thanks for the suggestion :)

[@Kytons]

Hi Bryan, I have noticed on spreadsheet that franking credits hasn't been reduced from total Taxable Payble. I thought should be $15,686.00. could please clarify this point for me? Thank you for great explanation.

[@amritadhikari3360]

Bryan, another great content for us. Can you please make one video specific to the all the deduction e.g. dividend and share income expenses etc. for the tax purpose.

[@boonchanidsrichobtham5551]

Very good content 👍🏼👍🏼👍🏼 thanks

[@BryanInvest]

Cheers 👍

[@MLDawn]

Fantastic content Bryan! I thought the 2% medical care levy is only appliable if your gross salary is higher than 90K/year?!

[@BryanInvest]

Thank you! Yeah, this is common misconception. Everyone in Australia is charged a 2% medicare levy. However, if you earn over a certain amount, you are charged the medicare levy SURCHARGE which is usually an extra 1%. You can avoid this surcharge by taking out an appropriate level of hospital cover insurance.

[@pab.locked]

Thanks mate. Quick question. The discount after 12 months for holding stocks and selling them. Is it from the moment you started investig in a specific ETF for example? Or is it cronologically to each time I bought a share? For example. I started investing in SYI in August 2022. But then I keept investing monthly. Will the 12 months count from august 2023 for all the shares? Or just for the ones bought in August? 🤔 thanks again!!

[@BryanInvest]

Good question. I believe the popular method to calculate the capital gains tax is with the 'first in first out', where the earliest shares you buy will be ones sold first if you are selling. So basically, you will need to remember when you bought each batch of shares because the 12 months take into effect each time you buy each batch.

[@mooreover12]

Good content mate. Easy to follow.

[@BryanInvest]

Thank you Oli 🙏

[@incurableXrenegade]

Learn a lot from you sir. Thanks so much.

[@BryanInvest]

Thank you for watching!

[@mcdonylee]

Such a great content as always. Useful for australian based. You should probably write a financial book specific to australian on things like this based on your youtube contents mate! I think it would make a great readings 🙏

[@BryanInvest]

Thank you mate. I appreciate the kind words. Yes, I have always wanted to write a book about personal finance. Perhaps one day 🙏

[@Lucy-ui8og]

Background noise very annoying.. the content very helpful thanks

[@BryanInvest]

Thanks for the feedback! This was one of my first video so the production value gets better after this 😄

[@sedaterkoglu2241]

Would be great if you explain the tax benefits if I borrow and buy an apartment as an investment. I also work with Tfn and Abn. I also invest in shares. Wondering what should I do with my Abn income get an apartment or pay super as a personal contribution which I can withdraw later to reduce tax.

[@ShannenFarman]

Awesome Bryan keep up the good work!!!!

[@LiroMontoya7]

I just found your videos, they are very informative, the background music make hard to listen at less for me that English is not my first language on top of that information is very good. Do you have any video on how to invest in shares with the Australian super?

[@BryanInvest]

Hi Liro, thank you for the kind words. I'm glad you found my video helpful. I will definitely turn down the music in the future! I'm currently working on a video about super so stay tuned 👍

[@LiroMontoya7]

@@BryanInvest than you Bryan for sure my notifications are on for your channel

[@financialplanningaustra2719]

Hi Bryan, Thanks for explaining "How to Reduce Taxes In Australia in 2022".

[@BryanInvest]

Thanks for watching!

[@kazzajack1443]

Sorry new to this but if I buy a stock and tax time is coming up but I hang onto it do I need too fill out anything to the ato saying I’ve bought a share but haven’t sold or will it only be relevant if I sell the share after tax time and then have to Declare that sold share next tax time? Sorry I’m trying to learn but I think the tax part is what is scaring me

[@BryanInvest]

No worries mate. No need to be scared about taxes, it's quite simple. You don't ever need to declare that you bought a share if you don't sell the share and if the shares does not pay dividends. If you sell a share or received any dividends before 1st July then you need to declare this your tax return for that financial year. If you do your own tax return, these days the ATO already pre-fill your taxes for dividends and in some cases capital gains (the profit you receive from selling a share). However, you should still double check it to make sure it's correct.

[@kazzajack1443]

@@BryanInvest awesome the cleared things up. Thanks heaps mate

[@arielbaker5174]

If a dividend is "fully franked", does that mean I don't pay any tax on that dividend?

[@hughgoodwin5699]

No, you will get a "franking credit" attached to the dividend. For example, a $7,000 fully franked dividend would have a $3,000 franking credit attached to it. Your taxable income would include both the $7,000 dividend and the $3,000 franking credit totalling $10,000. This $3,000 would be a credit on the tax paid on the full $10,000.

[@brunocin]

Hi Bryan! Could you please explain how tax works for temporary residents (student visa for example)? Amazing content, thank you!

[@BryanInvest]

Hi Bruno, thanks so much for the support and the kind words. Taxes are applied different for temporary residents. I believe you still pay the same as permanent residents but don't get to claim the 12 months capital gains tax discount. However, I'm not a tax accountant so not completely sure. I would suggest calling the ATO number if you have any questions, despite what some may think, they are actually very helpful :) also, check out this article from their site which may help you. All the best mate! www.ato.gov.au/Individuals/Capital-gains-tax/Foreign-residents-and-capital-gains-tax/

[@ffvendrame]

Great material - question - I live in AU for 5 years but am not yet a permanent resident - even though I'm a resident for tax purposes according to the ATO. So my question is, am I qualified for the CGT discount of 50% on capital gains?

[@BryanInvest]

Hmmm, according to this article from the ATO: you qualify if you are an Australian Resident for tax purposes but then it says the full 50% is not applicable to foreign/temporary residents. I would give the ATO a call to clarify if you qualify for the full discount just to be sure. They are generally quite helpful on the phone. www.ato.gov.au/individuals/capital-gains-tax/cgt-discount/

[@xiaochenbian1427]

Good step by step 👍

[@BryanInvest]

Thanks Xiaochen 😁

[@hayleymathews7701]

Hey Bryan, Great content. I have a question regarding US shares as an Australian. I was not aware of the W8BEN form you mentioned in the video. I use CMC markets and don’t recall having this as part of a new account. Can you help me understand this more? We have a tax treaty with the US? So just so I understand if I held $10k worth of apple stock say and got paid dividends if the W8 form was not complete they’d hold 30% tax? And the same if you sold that stock they’d hold $3k in tax? What happens then with your Australian marginal tax rate how does that get factored in?

[@BryanInvest]

Hi Hayley! Yes, that’s correct. We have a tax treaty with the US so that we can invest in their stocks without getting double taxed. If you complete the W-8BEN form then you’ll only have to worry about currency conversion and be charged your Aussie marginal tax rate. All this can be calculated for you if you pay for a tax tracker like Sharesight. I had a look and apparently you can apply for the W-8BEN within your CMC app. Please see below what they say on their website. Good luck and let me know how you go 😊 If you invest in US shares through our international share trading facilities, you can now complete your US Tax forms electronically through the share trading platform. Simply, log in to the platform and click the Support menu and select US Tax Form from the drop down menu. www.cmcmarkets.com/en-au/stockbroking/forms

[@redridgegardening]

Thank you again Bryan

[@BryanInvest]

Anytime mate 👍

[@RockyRxx]

Great video Bryan, loved it but the background music was very distracting, please don’t add the music we just want to hear you 😊

[@BryanInvest]

Thanks for the feedback and the kind words Rox! 😊

[@whereistee1]

Can u provide cgt for multiple share sales in particular offset of shares held more than 12month

[@mattrt12]

Just found your channel, and liking it so far, easy to follow, and aimed at my particular investing situation where we are now. In regards to this tax stuff, if my wife and I jointly own the trading account and stocks, does that me we can divide the CGT by half as then ie we put it on our own tax returns?

[@BryanInvest]

Thanks Matthew. That’s right. Generally, if you sell your stocks during the year then you both should report 50% of the profits. Same goes for dividends received. Best to double check with a tax accountant though since I don’t know your specific circumstances.

[@Pete.C]

Great video Bryan! Thanks for the US example. I have company shares which is managed by Morgan and Stanley and the shares are traded in Finland. Do you know what kind of tax agreements we have between Australia and Finland?

[@BryanInvest]

I did a quick google search and it seems Australia and Finland do have a tax treaty to avoid double taxation. However, this is just from a few minutes of googling so I'm not 100% sure. Please have a read of this document I found to make sure or ring the ATO (they are usually very helpful on the phone): www.aph.gov.au/Parliamentary_Business/Committees/Joint/Completed_Inquiries/jsct/6_7_february2007/report/chapter3

[@jettawayadventures1081]

you should turn down the music when youre trying to talk

[@BryanInvest]

Lol, yeah. This was one of my older videos when I was still learning. I've turned it down since 😬

[@rockyonemambo]

Hi Bryan. Great video and very informative. A quick question: can I be both a trader (frequent trades throughout the year) and an investor (holding for more than a year) or do I have to decide which one to be? Cheers, buddy. Warwick.

[@BryanInvest]

Yes, you can according to this ATO community article. community.ato.gov.au/s/question/a0J9s0000001IOO/p00047002

[@wendypersie8725]

Just in time to do my tax return 🤓

[@BryanInvest]

Perfect 😂👍

[@umasankar2474]

How come your videos were uploaded 2 years ago. But, your video heading/title says it is for 2024. Isn’t it misleading?

[@BryanInvest]

I don’t think so, if the tax laws/principles have not changed.

[@umasankar2474]

Thanks for the clarification

[@AmbroseNicholls]

Can I just leave the money in moo moo

[@samezzieni4750]

thanks for the information but the backdround music is annoying and distracting.

[@BryanInvest]

Thanks for the feedback! A few people have mentioned this so I’ve turned down the music in future videos. Hopefully not too bad now.

[@dss14dss]

How about foreign investors investing in Australian stock market? Is there anything like W8-ben there?

[@vikki7104]

Good channel but please get rid of the annoying music 😢

[@BryanInvest]

This was one of my first videos haha. Please forgive the music. Future videos are better.

[@akashpantha]

🔥

[@BryanInvest]

💙

[@lunaroseh322]

Could you turn off the music next time. Hardly can hear what you say, because your voice is flat and low, but the jazz music is in high key and playing with too many changes. Too much distraction. I had to turn on the Cc, it was an ear torture.

[@ShannenFarman]

dolnt be rude to bryan hes a baddie

[@ShannenFarman]

Blink twice if you need help bryan