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happy new year, page-22

  1. 917 Posts.
    tax loss selling....well they have just made it more difficult to claim losses in this way....moved the goal posts again , if they say you sold and then bought back the same stock shortly into the new financial year , your intent was to avoid tax on profits ,and can be disallowed

    this of course is a matter of interpretation and firmly in the grey area as much of our tax laws are

    even the contract date or settlement date cutoff is confused as most accountants go by the bank statements up till 30 june , its all in all some what of a schomozle

    crow m8 , dont wanna get personal... but i think u may be using a tad to many roids , going by ur pic
 
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