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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Last
$62.48 |
Change
0.470(0.76%) |
Mkt cap ! $12.11B | |||
| Open | High | Low | Value | Volume |
| $62.30 | $62.59 | $61.80 | $27.12M | 434.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 830 | $62.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.52 | 7 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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