Hi everyone, Wanted to happily say I've entered the world of trading Shares! I have a couple of questions regarding Capital Gains Tax, as I'm not entirely sure how It all works. Q1. I'm reading about CGT on the ATO website, but I'm not entirely sure how CTG would work if you buy a share at say $2, then when it drops to say $1.80 you sell, and then buy again when the share drops again to say $1.70, and then sell it once it reaches $2+, so you continue the process, buying low, selling high. Could someone please explain how that works? Q2. I'm in the $35,001 – $80,000 tax bracket ($4,350 plus 30c for each $1 over $35,000) so, if I make $2,000 in a year in Capital on my shares, my Capital Gains Tax would be: $0.30 x $2,000 = $600 (unless the amount I earned pushed me over the $80k mark, which I would then pay CGT at the next tax bracket?). So, will I pay an extra $600 in tax just for making this small gain regardless of keeping or selling the shares, or, it's only when you sell? Thanks in advance. Paul.