Am I a share trader for tax purposes?

By |2022-06-10T06:54:15+10:0010/06/2022|Categories: Blog, Taxation|

A Share trader is regarded by the ATO as conducting a share trading business when it comes to reporting your tax, based on factors around how you and how often you invest. An investor is looking long term and will not frequently undertake a systematic approach. Tax law regards Share trading is assessed as income on a Revenue Account, and no Capital Gains Discount can be claimed. Share traders and tax However good news for share traders is, share losses are allowed as a tax deduction un S8-1 of the ITA997. A share trader can recognize unrealized losses and gains [...] READ MORE

Local manufacturing in Moorabbin and Dandenong South

By |2025-12-12T16:16:19+11:0003/06/2022|Categories: Blog, Business growth|Tags: , |

Local Manufacturing Tax help for Melbourne’s South East Local manufacturing businesses based in Melbourne’s South East, particularly Moorabbin, Dandenong South, Carrum Downs and Seaford, can take advantage of valuable tax incentives to boost productivity and modernise their operations. Bringing forward tax incentives is one of the most effective ways for manufacturers in Moorabbin and Dandenong South to upgrade equipment, improve efficiency and support long-term growth. Helping Local Manufacturing Businesses Thrive Gartly Advisory, Melbourne accountants based in Ormond, specialise in supporting local manufacturing businesses in the South East suburbs. We love working with manufacturers, and our advice is simple: use the [...] READ MORE

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