Mr Taxman
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Sharing it with Australia, Mr Taxman is a regular Woman’s Day columist and TV finance commentator
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Offsetting trading losses

Dec 09, 2011

Tags: Accountant Sydney, Personal tax, Shares, Starting a Business

I have recently given up working so Trading is my only form of income. Is it possible to offset trading losses over the past 8 years to any future profits before paying tax? Also would it be advisable to set up a Hybrid Trust to distribute funds to beneficiaries?

Claiming dividend franking credits for tax

Dec 07, 2011

Tags: Personal tax, Shares

I am about to lodge my income tax return but heard that I may not be entitled to claim the imputation credits on my dividends as I bought and sold the shares during the 7 days around the ex-dividend date. Could you please clarify if that is the case?

Claiming share losses

Dec 05, 2011

Tags: Accountant Sydney, CGT, Deductions, Personal tax, Shares

I am retired and lost $10,000 in trading last year. Can I claim this as a tax deduction?

Trading via self managed super fund (SMSF)

Dec 03, 2011

Tags: Shares, SMSF

I am thinking about setting up a Self Managed Super Fund. If I do, can I use my super monies to trade?

Retired and now buying shares - am I an investor or trader?

Dec 01, 2011

Tags: CGT, Personal tax, Shares

I am now retired and have started trading FX from my home in Brisbane (Australia), I also own a small parcel of blue chip shares - would I be classified as a trader or an investor?
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