Australian (ASX) Stock Market Forum

Managing Tax in Australia, whilst trading the US Options Market

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8 March 2014
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Hi,

Good day...

I am new here...but not really new to Options...writing or trading.

I just wanted to understand Tax implications in Australia..

- Should I trade as an individual or should I register a proprietary Trading Company?
- IF I continue as an individual, what expenses are considered "expenses"?
- Is there a specialist (or somebody close) Tax Consultant anybody can recommend?

I want to now move on from my full time job to becoming a full time options writer/trader.

Anybody with any advise...will be gratefully accepted.
Cheers
KW
 
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