having just finished with an accountant on what orga posted, it can be construed if you say trade quite frequently that you are share trading (say 70 plus trades in the year) but u can still be an investor i believe,your choice, however share trading u can claim,computer,phone,magazines,power, cable,heating which is more deductions against income...but then u can't claim the cgt discount. So his advice was, put the keepers in one name and the trading stock in another name.
- Forums
- ASX - By Stock
- BLR
- notice just in
notice just in, page-35
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries