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Themcrazy

158 Posts.

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16/07/18

14:14

Post #: 34369431
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Originally posted by Bennybop ↑

Does anyone know if you can defer some of you losses when you are listed as a "sole share trader acting as a business?"
Say for a hypothetical example: Negative gearing on and investment property loans and some losses on share trading last financial year it reduces other taxable income close to the tax free threshold. Is it possible to defer some of the share trading as a business losses so they have more impact next FY or do 100% have to be applied to current year?

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How do you value your closing stock for your "sole share trader acting as a business"? could you adjust the net result by looking at stock values a different way?
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