An ABN is just a business identifying number .
You say you have made many trades per year ?
In what entity ?
-Your own name ?
-A company ?
-A self managed super fund ?
-A family trust ?
Each of these entities have differing taxation benefits or compromises .
If you want to be a trader in the eyes of the ato then remember gains can offset losses in the year . At June 30 your portfolio is valued and any gains / losses in value whether sold or not is to be included in tax return . The portfolio value starts again on July 1 for any gains or losses in the year .
( or at least I think so - not advice )
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