Previous poster was talking about 2 distinct different type of investing / trading.
If you can justify a trading business then purchases and sale of shares plus any associated costs are treated as income / expenditure like any business. Any losses or profits will then be accounted for with other income.
If you are just investing then you can only account for capital gains / losses as stated.
As suggested always a good idea to keep trading totally separate to other capital invested shares as it needs to be clear what, why & how you are trading (can't be just done a whim).
Would be wise to talk to your Acct before establishing a trading business or if this is a bit unclear...................
Previous poster was talking about 2 distinct different type of...
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Last
$39.18 |
Change
0.060(0.15%) |
Mkt cap ! $120.4B | |||
| Open | High | Low | Value | Volume |
| $39.14 | $39.33 | $38.91 | $209.0M | 5.482M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11266 | $39.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.21 | 3400 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| NAB (ASX) Chart |