Hello. I am new to shares & therefore have no idea. I was wondering if anyone could help me out in anyway......... We are going to sell some Woolworths shares that we were given on a 10 year loan from Woolworths. The dividents went to paying the loan off. We have not paid any funds (until now) to pay for them. They were purchased/allocated to us in jan 01 (husband) 330 shares @ $8.11 and may 03 - 470 shares @ $12.92 for me. We are going to sell them after we pay off the loan. The current price for the WOW shares is $28 I guess what I want to know is how do we go about selling them & then how do we work out capital gains tax? Thank you for any advice you can offer..... Regards, Sandi me - 470 @ 28 = $13160 less what "purchase" price was $6072.40 =7087.60 so I figure 50% of that tax free so $3543.80 would be taxable??? husband - 330@ 28 = 9240 - 2676.30 = 6563.70 so 3281.85 would be taxable???