w/e chat - brokerage, page-25

brokerage is an expense for trader and can be claimed in the year incurred....I claim GST on brokerage as I have an ABN

I like comsec for its cash account that pays a high interest rate and makes settlement a piece of cake

Paying brokerage can be a good thing....think, if it was free , you would end of buying for the sake of it

In my case Everything is done from company account so I pay a flat 30% tax on profits

Jay, Sorry to hear about your losses due to the GFC....I hope you have been able to devise a better plan. If you are a trader you would have been stopped out in early July 08

For me the GFC was a blessing in disguise

There were so many bargains in resource land at the end of 2008

good luck guys