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Trees

43,780 Posts.

93

28/11/17

10:09

Post #: 29169536
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Originally posted by Jimsword ↑

Morning all,

Out of interest how do you guys hold stocks long term and also maintain a trading parcel.
With the tax systems "First in First out system" every time i trade a parcel witin a stock im holding longterm im
essentially resetting the 12 month CGT concession.

Im already thinking maybe the Mrs needs to start "investing"

but any other ways to get around this? what if you invest on one platform and trade on another
im assuming come tax time and any CGT concessions the department would be all over that.

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keep records, date parcel purchased date parcel sold

chat to a so called financial adviser eg tax agent

pretty easy really

Back to trading
LPD was very nice breakfast

Last edited by Trees: 28/11/17
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