wpl presentation implications and euroz report, page-16

hooter to hardmano Hi H
Just a querie if you are a full time trader arnt your wins and losses particulary trading cfds warrants and derivatives counted as trading income as a business and taxed at the marginal rate and not as capital gains. ?

I use a similar stratergy buy using my super fund to buy fully paid shares or installment warrants and having them as capital gain or capital losses.

But I trade using a company and pay tax at the company tax rate all trades are classed as opperating a business and cgt doesnt apply which can be good if i have a bad year as losses can be offsett against other income.

Cheers Hoot