Is brokerage deductible?

Discussion in 'Share Investing Strategies, Theories & Education' started by samaka, 21st Nov, 2007.

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  1. samaka

    samaka Well-Known Member

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    As per subject ;)
     
    samaka, 21st Nov, 2007
    #1
  2. silentmalek

    silentmalek Member

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    Generally no, unless you're classified as a "share trader" for tax purposes.

    It will usually be subtracted from the cost base of your shares when calculating CGT.

    Cheers

    silentmalek
     
    silentmalek, 21st Nov, 2007
    #2