would this silly system work 6 replies
Here's a REALLY SILLY question! 9 replies
Silly question 3 replies
My accountant says to print out each month trading statement from MT4, much like a bank statement.
At end of tax year these are summarised by him and my result is then either a capital loss or a capital gain.
I have suggested it would be better to be treated as income or loss of income as I could then adjust it off my other income if a loss.
He is thinking about this, if I had an ABN I guess it would be easier to do that.
DislikedDid your accountant also tell you that you have to have traded a minium of $40000Ignored
Dislikedwhat do you mean by that pipo? curious as i wanna know all the ins and outs before i ring an accountant