i don't know what a "FT Trader" is. Are you referring to...

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    i don't know what a "FT Trader" is. Are you referring to "Full-time trader"? Regardless, if it is sharing trading, CFD trading, Forex trading, etc, it is not PSI.

    PSI is personal services income; such as if you are a consultant providing services to other entities.

    "Financial Asset Investing" is the only label the ATO has. In the end, it doesn't change anything. I use "Financial Asset Investing" in my tax returns. It just shows how dumb the ATO are when they include "investing" as a "business" category.

    Regards
    Last edited by ddzx: 17/09/18
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.