Always helpful & knowledgeable. Great advice come tax time in respect of assisting to maximise our returns in a tax effective way.Tony Lucas Director of Raine & Horne Maroubra
Are you a Share Trader or a Share Investor?
10-Oct-2012 Over the past few years one of the most contentious area in taxation, has been evaluating whether a client is a trader(where profit is taxed as normal income) or an investor (where profit is treated as capital gain and have discounts associated with it).
This article is a summary of guidelines on how the ATO will determine if the share activities is as a trader or investor.
Please Click Here to read the article.
Contact us now to see how our accounting experts can help.
Share:
