Top 10 Ways to Reduce Capital Gains Tax

4. Utilise the Versus Method

Over an investment period, you may have bought 1000 shares of the same stock at different intervals. If you decide to sell 200 shares, you are within your right to decide which 200 shares should be sold. With this in mind, you can allocate your current sale of 200 shares to the highest purchase price paid, thus reducing your capital gain. Ensure that you have the appropriate documentation to prove the purchase price and shares purchased.

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