Im wondering about this small point on lodging a tax return if anyone could answer?
In any given FY you have buys and sells.
Lets say I bought 5 companies and sold 3 during the same FY.
That will leave me with 2 companies that I have bought during one FY but hold into the next FY.
So really there is no capital gain/loss declaration on those two shares.
However, you did pay the brokerage for the buys on these shares.
Do you include the brokerage paid on these companies in that financial year that they were
bought or do you wait until you sell those holdings and include it all profit/loss + buy/sell brokerages
in that FY of the sale of those shares?
Hope this is clear, thanks.
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