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As a PSIf the crypto was held in a different name/entity to your...

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Golden Fleece

3,445 Posts.

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25/02/21

18:29

Post #: 51334956
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Originally posted by Golden Fleece: ↑

In reply to the heading of your post

"Can you be classified as a share trader and still get 50% cgt"

No - everything is on revenue account

I see you have only been here for 6 months and may not know your way around but I suggest you look at the various forums - for example, if you read some of the tax topics and also ASX general you will find endless questions and answers on trading and CGT

You might also want to research the ATO website

Just my humble thoughts

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As a PS

If the crypto was held in a different name/entity to your trading shares then you might get round the issue

No advice - just my thoughts
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