What I really hate about this last six months is that there's been no 50% retrace. Extremely miffed--I had it all planned. No big deal in the overall, just some more overweighting.
One thing that I have come up against is an accountant's view that I might have to be classified as a " Trader " because of the number and volume of trades that I've done in speccies in recent history. This has the dire implication that eventual CGT beneficial 50% discount may not apply. I'm chasing it but as we're approaching the end of this financial year , it may be something to clarify with your expert.
There is a thread under " General " about Tax from around 13 June on here. Obviously, opinions only.
Oh well, have to hold till the end.
What was that about Franking Credits?
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