capital gains question, page-16

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    Say for example I made $60,000 profit this financial year and am classified as a share 'trader' (only source of income).

    i) Do I pay 50% of this amount ($30,000 tax) OR
    ii) Is the $60,000 classed as income tax? (Therefore the tax payable is much lower)

    Obviously I will be seeing my accountant soon but would be nice to get everything ready in advance.

    Cheers
 
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