50% CGT and share trading, page-24

  1. Frank79
    866 Posts.
    lightbulb Created with Sketch. 113
    clock Created with Sketch.
    28/06/18
    20:52
    Post #: 34022307
    You can not have both. You are either Trader or Invester, you can not be both unless you have two seperate accounts for each.

    Investors get 50% discounts on CGT if held over 12 months but traders won’t get any discount and taxed as normal income.

    See this ATO site for your classification as a Trader or Investor.

    https://www.ato.gov.au/General/Capi...ng-as-investor-or-share-trading-as-business-/
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.