Isn't it the case that you pay cap gains tax on any any share investment you make gains on. That is trader or Investor. I only recently found out through my accountant that you can only claim your fifty percent Cap gains tax reduction if you class yourself as a investor,. If you do your tax as a trader and you happen to hold some for 12 months you cannot claim the 50% Cap Gains discount on any Gains. Hope it helps but was only told this one week ago while doing my tax.
