Thanks heaps the only thing i wanted to know is wether you could claim a loss,but i find this will be defferred to counteract future profits,clearly i cant hold for more than 12 months as i find that a bit boring so i forgo the 50% break,i worked two months as a fitter and payed 5k tax and with about a k on franking credits i'll get a little return this year, imo better to be individual if sole trader,just trading shares,pay nominal rate.Staple your buy/sell orders together and pass them on to accountant to provide an honest/nothing hidden return,simple.Chase those franking credits. cheers
