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Daytraders After Market Lounge 30th July, page-86

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Rx7driftking

8,184 Posts.

41

01/08/15

17:02

Post #: 15735096
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Originally posted by Wazza3006 ↑

NO. Trading account must be in the name of the trader. If you want to split capital grains or losses between the two parties then the share trading account must be in both names. Just been down this exact path.

Maybe a bit late now but capital gains can only be distributed in the following ways above your $18,200 TF threshold
Family Trust
Trust
Partnership
Company
Superanuation contribution [amount depends on age]
All must be set-up before EOFY.

That's the basics I think

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Any other ways?

Who here is trading under a business name?
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