Paul was able to mentor and show me the value of operating a good business. He showed us the benefit of being professional and to separate us from the thousands of "gyprockers" in the market. Simeoni & Co has assisted us with a plan including a number of available options. I have recommended either directly or indirectly over 20 clients to Simeoni & Co over the years and the feedback is all positive. Paul and his staff take a personal interest in us and for this I will always be Paul's greatest advocate.Sam GalluzzoDirector of Epic Interior Group Pty Ltd; Gladesville
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.
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