I'm trying to do my 19/20 tax return with a new Accountant. I have an account with KOSEC who traded through Interactive Brokers. I have been given an activity statement for the Financial year but the number of shares that were bought and sold is not the same amounts as recorded by the ATO!!!! My...
Hello All.
Quick Question, how does tax on shares work. I'm a student, earning around 20k a year. hardly anything. I've got a little bit of coin saved up so I'm buying and selling when i can, Is it true that every trade i make a profit on i have to pay 50% tax regardless of what my total...
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