reject any offer under $1, page-33

Trading would be a simple game if it wherent for greedy tax grabbing govt's and CGT.

I got similar situations holding me back, so i feel your pain. Its such a stupid stupid rule the way cGt steps up. And im not against tax, im just against taxes that stop govts from making money by stopping smart operaters make money.

for example why would anyone in thier righ mind step into the next CGT scale in AUST, unless they now they are going to blast high into the scale and be ahead for the year.

What people tend to do is have multiple structures , they trade in one spouses name, then the others. Then they hit a CGT barrier, whaich says if you go 1c over this your gunna be far worse off unless you can go massively over this. Crazy , crazy rule.

Might have to set up a company just for trading at least CGT wont apply, it will be a maximum of 30% comapny tax on profits / portfolio growth, i believe. Rather then CGT at stupidly high rates, that simply put a hand brake on you for the rest of the year, and then you end up paying no extra tax to the govt. Its a lose lose for the govt and for i.

Id imagine there might be many ADI / AUt / EKA traders in that boat at present.