Depends how you want to structure it. If you're an "Investor" you pay it as CGT, if you're a "Trader" its Income Tax. Each has benefits and depends on what you're doing as to how and where you can claim losses. The ATO leaves it up to you to self assess your position more or less.
In other news loving the rise, started trading last year at 18 sold off 5613 shares this morning to guarantee some profits and get a round number of shares . Still holding 15000 shares though so I'm strapped in for the ride. IMO We'll keep rising for a little bit close to that peak last year. As to weather that's sustained or goes higher will depends on the Quarterly at the end of the month. It should be good.
GXY Price at posting:
$3.05 Sentiment: Buy Disclosure: Held
. Still holding 15000 shares though so I'm strapped in for the ride. IMO We'll keep rising for a little bit close to that peak last year. As to weather that's sustained or goes higher will depends on the Quarterly at the end of the month. It should be good.
