How much tax you pay when you sell a share is generally determined by:

• The difference in price between when you bought and sold the share

• The length of time between buying and selling the share

For specifics of how much tax you would or will be paying, please consult an accountant or read through information available online from the ATO.

In many cases, for individuals, if your TFN is registered with Pearler then the ATO will help you calculate through the government's tax apps.

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Remember, that this is general in nature and doesn't constitute personal advice. Reach out to a financial professional when considering making financial decisions. As details may change, we recommend checking the information directly from the source, including the ATO website. All figures and data in this article were accurate at the time it was published. That said, financial markets, economic conditions and government policies can change quickly, so it's a good idea to double-check the latest info before making any decisions.