Krusty, you can't use investment losses against normal income. Capital gains tax is a different scenario but it is link to normal income tax. basically take your realised investment profits, minus your realised investment losses and whatever figure you have is what you add to your income. If it is a loss well bad luck but you do get to keep that loss and let it offset any future gains. Some light...
- Forums
- ASX - General
- tax - share trader vs investor - help
tax - share trader vs investor - help, page-3
- There are more pages in this discussion • 92 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online