Hi bellenuit, wondering if you can clear something out for me?
I'm doing my tax as a trader for the first time and I'm confused about the brokerage fees.
From what I understand these are treated as an expense, but if I valuate my closing stock at cost I've read the brokerage (cost of acquiring the stock) is included in this, if this is the case then the cost of disposing the stocks (brokerage of sales) would be the only expense?
Thanks in advance
