Money magazine Comments - Should you sell your underperforming assets by June 30? Have your shares or ETFs fallen in value since you bought them? Selling them now at a loss could pay off for you at tax time. https://www.moneymag.com.au/feed/latest?story=179795427 Wed, 08 Jun 2022 18:58:28 +1000 Wed, 08 Jun 2022 18:58:28 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Should you sell your underperforming assets by June 30? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Bob Hodgson ()

I'm no expert but I think that Maria's example above is incorrect. Loss should be deducted from gain before applying 50% CGT discount. (10000 - 4500) x 50% = 2750 taxable. Not $500.

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]]> Bob Hodgson () Wed, 08 Jun 2022 18:58:28 +1000 Comment by Money magazine ()

Hi Bob,

Thanks for your comment. You are correct - we have amended the story.

Apologies for any inconvenience.

- Money team

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]]> Money magazine () Thu, 09 Jun 2022 11:24:20 +1000