CGT - not for me son. Make enough trades, and you become a...

CGT - not for me son. Make enough trades, and you become a 'trader'. The number of trades is special secret hidden in the depths of the ATO's hive mind computer that watches us all.

Have to make a fair few though. like 100ish or more. But then you get to claim your home office as a tax expense, computers, subscriptions, PENS! AND, if you don't qualify, just sell your dogs. make a loss. Carry it forward. maybe buy back in 6 months later, but carefully otherwise the hive mind knows your washing your shares.

And thanks Eagle snoopy. I do feel like a legend. That was a lovely compliment