Recent content by Stephen

Thanks for the explanation. I feel a little embarrassed that I did not read ss 13.14, 13.15 and 13.15A before I wasted everyone's time.

Hi Jeremy, Please forgive me if I seem to harp on about this and I do understand what you are saying about the charge but a covered call needs to have a charge on the underlying shares. I doubt that any broker would be willing to let a person sell a covered call if the person decides to get rid...

Thanks for the information. What happens when you write covered calls? Don't you have to put up a charge on the shares you are writing the covered calls on? As far as I know that is legal in a SMSF as it offers income with little comparative risk other than losing income if the shares climb past...

I found the answer to my question. The ATO provides the answer: http://www.ato.gov.au/individuals/content.aspx?menuid=0&doc=/content/00313594.htm&page=11 I should have tweaked after I read a method by the ASX to gain dividends by holding instalment warrants for the quarter. I didn't realise...

Greetings from a first time poster. I know that the "hybirds" have some interesting clauses associated with them such as AGKHA's inability to get any CGT events which has some important taxation considerations in relation to that. I was also surprised when I read the WBCPC prospectus and saw the...