Are you a Share Trader or an Investor ?
Read the ATO info then discuss with your Accountant/Tax Adviser.
IF not sure, do read this ATO description.
For those considering a change, early in this FYE2021 is a good time to change ; -)
After you read the ATO info talk to your Accountant/Tax Adviser.
https://www.ato.gov.au/General/Capital-gains-tax/Shares,-units-and-similar-investments/Shareholding-as-investor-or-share-trading-as-business-/
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- Are you Trading or Investing ?
Are you Trading or Investing ?
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