If you are a share trader as a business then you can expense, otherwise it makes up part of the capital gain total.
Even if you are not in a legitimate share trading business you can expense provided that you satisfy the ATO that your primary activity is trading not investing.
To satisfy the ATO they may ask to see your trading plan and they will expect you to turnover a substantial amount of money/trades.
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- taxation question re brokerage
If you are a share trader as a business then you can expense,...
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