Hi Mosey,
If you're identified as a share trader as a sole trader, you'll still pay tax on the profit at individual income tax rates. Whats different is how that gain/income/profit is calculated. A share trader wont be allowed to discount capital gains, as any share sale is deemed as business income and not a capital gain.
Effectively your paying tax on 100% of any gain made on any sales offset by any losses in the same period.
https://www.ato.gov.au/business/inv...ence_between_a_share_trader_and_a_shareholder
High Volumes...... Heading North., page-159
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