Planet Wealth - Australian Stock Market Education » Do I pay tax on selling shares in Australia? http://planetwealthblog.com.au We are a stockmarket investment company that educates people on the strategies we use to create both income and capital growth. Fri, 23 Dec 2011 00:20:36 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 Do I pay tax on selling shares in Australia? http://planetwealthblog.com.au/do-i-pay-tax-on-selling-shares-in-australia/ http://planetwealthblog.com.au/do-i-pay-tax-on-selling-shares-in-australia/#comments Sat, 24 Jul 2010 19:36:48 +0000 Planet Wealth
Do I pay tax on selling shares in Australia?

I’m 18 and have no income, however I have k in shares and want to sell them (I’m going to start day trading with other savings). Do I pay capital gains tax or any other kind of tax when I sell, even if I have no income and under the 00 income threshold? If so, would I pay tax if I re-invested them? Thanks in advance

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