what your accountant is talking about is claiming unrealised losses.
I do it every year if I have them
eg. buy for $1.00 and if on 30 june they close @ 80c you can claim that 20c loss without selling them.
now you sell them during the year for $1.50 your gain is 70c not 50c. your new cost base (what you paid for them) is 80c
hope that is a bit clearer for you
what your accountant is talking about is claiming unrealised...
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$58.49 |
Change
0.230(0.39%) |
Mkt cap ! $11.34B | |||
| Open | High | Low | Value | Volume |
| $58.49 | $58.80 | $58.15 | $57.32M | 970.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20975 | $58.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $58.50 | 80 | 1 |
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