DRE 0.00% 2.3¢ dreadnought resources ltd

General Discussion, page-661

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    Thanks for sharing. I avg around 80 to 100 trades per year and never been an issue over 30+ years of investing.

    If you are advised within tax year its okay but if its outside the year then i would think you would have an admin tribunal argument as it impacts your tax planning. (Eg offsetting prior year CGT losses against CGT gains)

    But as you say it was actually an advantage thats good for you.

    The next issue is can you drop back to normal tax (income and cgt separated) if you want to?

    Personally do not like tax planning rules changing mid year.

    cheers


 
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