I've tried to find some information on the ATO website and online regarding the subject title matters but cant seem to find clarification on my questions, hence, I come here to see if anyone can shed any light on the matters or provide their opinion.
Alright here we go:
1. Will a Capital Loss be incurred when; for example I hold 1000 shares in company ABC @ $1 each and then the following week I decide to sell 500 shares of the same company at $0.5 each? or is only a capital loss once I dispose of all the shares?
2. If I incur losses in my share trading, in say this financial year, (where I have also made capital gains), do the losses have to be declared or offset in that same year against the gains? can it be carried forward to claim for future?
