i.o.m last word on this tax thingy, according to the ATO & my...

i.o.m last word on this tax thingy, according to the ATO & my accountant (I have just spoken to both), it is the contract date that is used and not settlement date for CGT, so buying & selling up to close of 30/06 is fine, but in my case as a trader who earns income its the opposite, so I stand by what I said earlier "as far as my accountant is concerned yesterday was the last day for any trades as they settle 30/06 to qualify for 14/15 tax returns." But if I buy/sell on 30/06/15 the settlement date would fall into a new tax year (15/16) and therefore stuff up bank reconciliation & inventory. So in saying that either way is correct but I would suggest you speak to your accountant to see what suits your individual circumstances.