transfer joint ownership

 Author: YellowPotato(Taxicorn)Taxicorn

17 June 2025

You should check with the stock broker you are with, for the instructions for transferring shares.

If you do that remember to do CGT calculation. Generally, you're 'selling' your ownership of those shares at market value to your spouse. https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/property-and-capital-gains-tax/transferring-property-to-family-or-friends

i.e. If share ownership is 50% and 50%. Generally, for your CGT calculations would need 50% of the original cost base and 50% market value at the time you transfer to your spouse. May need to reduce the cost base if there had been 'return of capital' distributions. And your spouses cost base for each share becomes 50% of the original price (owned before the transfer) and 50% of the new price (for the ownership that you transferred).

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