how to be a trader as well as investor ?, page-3

  1. ddzx
    37,911 Posts.
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    06/10/11
    08:42
    Post #: 9054718
    Run two separate accounts - one for each

    Ensure you document this, say with your accountant

    Apply for an ABN and lodge BAS for your trading account (a trader can claim 75% of GST on brokerage. the remaining 25% claim as an income tax deduction)

    Regards
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