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CGT on selling UK shares from Australia?


TheGreatDane

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Few questions:

Q1: If I sell my UK shares from Australia, will the UK gains be subject to CGT in Australia?

 

Q2: If they are subject to Australian CGT, do they attract CGT from the date of purchase in the UK, or from the date I enter to live in Australia, so any further capital gain from when I arrive, ignoring all previous gains?

 

Background info

I am on a 309 temporary visa and intend to enter the country in April/May 2014.

 

I know if you are on a temporary visa, gains on overseas real estate are not subject to CGT in Australia.

 

The situation changes once you obtain permanent residency.

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