Recent content by cislfamily

Yep, unfortunately until you have a statement from the administrator/liquidator that the shares are now declared worthless, you are can't include them as a capital loss. Your accountant will need a copy of that statement before they will include the loss in your tax return.

Sorry, this probably isn't going to help you much, but we changed our postal address recently (with Westpac broking), signed the form and faxed it as well. It was updated almost immediately, and mail starting flowing to the new address within a couple of days..... Having said that, we've had...

Just want to clarify this - the return includes a box to put losses to carry forward. Next year, when you make your gain, you include that gain, and then put in the amount of losses (from last year) you can claim (up to the amount of your gain) and the net result is a '0' gain. hope this...