Curious on the tax implications of the following -
If I have traded a few shares in the past year (to reduce my losses on most of them)... as well as held a few other shares, do I still get the CGT discount on the shares I have held for >1year?
Further to this, I have also been trading some CFD's but only day trades - again, does this affect my ability to claim the CGT discount on the other lot of shares?
Basically, I am concerned that the ATO might consider me a 'trader' - which I definitely am not...
Anyway, any input?
Cheers!
If I have traded a few shares in the past year (to reduce my losses on most of them)... as well as held a few other shares, do I still get the CGT discount on the shares I have held for >1year?
Further to this, I have also been trading some CFD's but only day trades - again, does this affect my ability to claim the CGT discount on the other lot of shares?
Basically, I am concerned that the ATO might consider me a 'trader' - which I definitely am not...
Anyway, any input?
Cheers!
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