so explain how your whole setup is tax efficient?
Because if you don't do it through a company - ie don't say you are a professional trader you don't get cap gain taxed anyway... You also don't get to claim all those expenses... but you could just push those through an investment property anyway.
So you pay tax on your cap gains, but because you can also claim a tax break on your losing trades + some expenses... its better overall?
Doesn't make sense to me.... Unless you where never making that much profitable trades anyway (thats what it implies.. no offence intended) its like negative gearing
Bookmarks