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So if I make $30,000 in one year as a share trader, keeping...

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medvidek

221 Posts.

22/05/18

15:11

Post #: 33253901
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Originally posted by Hihosilv ↑

Write to the ATO. They will give you a ruling in writing. That should go along away to answering any questions of impropriety and ensure you are doing the right thing. If there is a blow up later on. You can refer back to the ruling. Its an evidence based world. Not what some accountant told you.

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So if I make $30,000 in one year as a share trader, keeping stocks from 1 day to say 6 weeks and few buy/sell during the day,
do I pay CGT?
thanks
Petr
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