Share trading tax return

Tax planning and structures for
share traders & share investors

RA Advisory | Business Accountants | Kew
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Kumari
11:21 09 Jun 21
Robin and his team offer a value added service where every interaction and meeting seems to only improve things. They take on the various challenges we have and ameliorate our financial situation and spend however long it takes to make sure we understand what actually is happening. If you are looking for an accounting firm that wants to work together with your business, listens to your concerns and develop tailored solutions - then you won't regret engaging RA Advisory.
Kirsten Louise
22:58 09 Jun 21
I really appreciated Robin's warm and professional manner, as well as his patience in answering our tax and accounting questions. Robin and his team are also prompt in their replies to emails
roshan shetty
08:48 30 Aug 20
Having known Robin personally before availing his accounting services, I was fully aware what I was getting into. Seriously, he thinks in numbers and is the one of the most organized and meticulous person that I know. Guess that's an occupational hazard however that did give me a preview of what sort of accounting experience I was signing up for.This was the first time, I considered doing my taxes with the help of professional. If you are someone, who's got only one source of income and not many ongoing investments other than a savings account then you are better off doing it yourself. (This is the exact advice I got from RA advisory before they agreed to help me with my taxes). However, having gone through them, I can see the difference a professional service makes. If you are after an accountant, you won't go wrong in choosing them. Affordable fees, detailed advice and fast returns.
Vivek A
02:29 22 Sep 20
I was referred to RA Advisory by two of my friends, and I have known Robin personally before my interactions with him as a potential accountant.Robin is methodical, very detail oriented, and gives sound advice without the "marketing speeches" commonly seen from many other accountants. He advised me that forming a company was a great idea for my situation along with clear reasons and has helped me form this company and manage the book keeping and accounting. I found him to be very knowledgeable in all aspects of personal and company tax and would highly recommend RA Advisory and his team as accountants for both personal and business situations.If you want a clear cut and to the point accounting practice, this is the place to go to.
Roy Hanford
08:32 21 Aug 20
Robin and the team at RA Advisory are professional, hold you to account but most importantly authentic. They’re passionate about helping you whether, it be personal or business related financial matters, and put in the extra leg work every time. I recommend RA to anyone who ever asks ‘Do I Know a good accountant?’ My reply is always, ‘No I don’t, I know a GREAT accountant.’
Harry Singh
03:23 20 Jan 22
Robin Aggarwal at RA Advisory is very smart and qualified accountant. He is very thorough and pragmatic.I reached out to him for a very urgent request, after he was recommended to me by a family member. He understood the problem before committing to help, he specifically made time to ensure I was able to meet the tight deadline.Based on his knowledge and customer service skills, I would recommend RA Advisory to anyone.
Chris Zissis
07:51 02 Feb 22
Great work! These guys make my life so much easier!
Bin Looking
01:14 22 Feb 22
Our company has been with Robin Aggarwal since the inception of RA Advisory C/A.We have found Robin and associates to be be nothing but attentive to our requirement,all services are promptly attended to.We would highly recommend RA Advisory Chartered Accountants to any person or business looking to engage with an approachable ,highly competent group of professionals.B.F.Malpas,Director,Malpa Holdings PTY .
AMOL GUPTA
22:59 08 Nov 21
The whole of RA team is friendly. Robin is responsible and will do the best for his client. I am sure client will be safe with RA. Icing on the cake is Robin's personable attitude.
Betty Fang
07:38 26 Oct 21
Robin and Elva have been fantastic in helping me with my taxation needs. Knowledgeable, professional and easy to talk with. Highly recommended!
Shirley Guo
23:08 23 Feb 22
Robin is very helpful and reliable. He helped me with my tax stuff and gave me some advice on financial management. I’m sure I’ll come in the future!
Anh Nguyen
03:18 24 Feb 22
Highly recommend their services at RA Advisory! Robin and the team do their very best to make sure that you walk out with a smile. Anyone looking for a good accountant, this is the place to go!
Abhilash John
08:30 20 Mar 22
Robin, Bhavya, and team were truly professional in their approach. Robin spend a lot of time with me, patiently answering every question that I had in terms of Investment strategies, tax returns etc.. I highly recommend them for your tax returns and general advise on tax.
nermeen Tsatsis
05:40 23 Mar 22
Great service given by Robin, went above and beyond expectations. Highly recommend. Thankyou!
Daniel Yee
02:11 29 Mar 22
Robin and his team are greatly supportive, helpful and make tax time very easy.
W K
08:18 29 Mar 22
Great service from Robin and his team. They take the time to carefully run through things with you and he's helped me clear up my prior returns and provided some great advise on financial management structures. Will definitely be staying with RA long term.
Andrew H
06:53 01 Apr 22
It has been an absolute pleasure connecting with Robin and his team. While I have found him to be highly knowledgeable and competent, Robin's true gift is a genuine interest in supporting the financial growth of his clients. I would not hesitate in recommending RA Advisory to others and look forward to our continued partnership for many years to come.
Claire Sauvage
05:30 22 Apr 22
Robin was very helpful and able to answer all questions related to preparing for tax time and which accounting systems were appropriate for my business in the community services/healthcare sector. Robin was very generous with his time and knowledge and I would recommend him to others.
Luke Cullen
09:09 25 May 22
Robin and his team are excellent. Customer centred, thorough and their attention to detail is second to none. I look forward to working more with the team as my business progresses. 👌👌
Jiten Taluja
07:39 12 Jun 22
Had a very good 1st time experience with Robin (RA Advisory) and his team. Robin is very detailed and worked on my complex taxes in relation to shares, investment properties, super etc. He advised of good tax planning strategies to take into consideration.
Georgia Rosier
09:01 05 Aug 22
Extremely helpful for this first time business owner! Highly recommend.
Ronny Majani
08:11 17 Aug 22
Amazing team. Incredibly helpful very supportive and with an obvious dedication and genuine interest in helping *you* the client. Robin sat with me and helped me understand every detail I needed to know to allow me to bet on top of my tax situation and make the most of it. Thank you very much!
Lihua Pan
01:55 19 Aug 22
Robin and team are prompt, professional and precise. Happy to continue using their service.
Kate Storey
22:45 31 Aug 22
I'm happy to recommend RA Advisory for their swift, professional and exacting service. Very happy, definitely recommend. Thanks to you and your team Robin.
Vikas Garyali
03:10 07 Sep 22
We are truly impressed with Robin Aggarwal’s level of knowledge and professionalism. My previous accountant gave me wrong tax advise and that could have resulted in a significant tax liability for us.We were extremely lucky to find Robin Aggarwal who was very diligent in his approach to understand our situation and offered best and suitable solution in no time.All through this journey Robin and his team did not rush through the process at all.I would highly recommend him to anyone who requires genuine accounting advice. He has a great acumen in providing complex tax advice.In addition we are really impressed with how organised and structured his processes and applications are. Thanks Robin and team!
Lola Brown
11:51 19 Oct 22
As a new business owner, there was a lot I did not understand about tax time. Initially I was very anxious and Robin and his team put my mind at ease with their knowledge, empathy and patience!Robin clearly explained the best way to set up and manage my business finance going forward and taught me how to simplify my set up for future tax returns.I feel relieved to have found an accounting firm that I can put my trust into and I was super lucky to find them first go!!Thank you Robin, Vanshika and Bhavya, I have been so happy with your service and will no doubt be with you guys, for many years to come! 😊
Sandra Auguste
06:59 18 Oct 22
Outstanding service by Robin & Team. Robyn was very helpful and able to answer all questions related to preparing for my tax return. He was very generous with his explanations and provided clear guidance on how to best proceed. Definitely recommended - in person or virtually. Thanks again !
Ker Ching
00:40 11 Nov 22
Robin's quick response to my request and clear explanation to my personal income tax queries is excellent. He also shared some other advice with me after hearing more of my situation. Would certainly recommend his firm's services. Well done.
Hung-wei Sung
03:07 24 Nov 22
The best accountant service I have in Australia so far.My wife has a small business and we have hired several financial advisers before. However, they didn't do their work. The registration of the company was not done properly, and the tax reports accumulated for years. All of these issues ware solved by Robin and his wonderful team. Beside the company tax, Robin also helped us for our personal tax report. Very helpful and knowledgeable. Highly recommended
Sharleen
02:32 20 Jan 23
Robin and his team have been incredibly amazing! They’ve exceeded my expectations considering my previous horrible experiences with other accountants. They really make you feel looked after and all I can say is their customer service skills and turn around times are exceptional. Would highly recommend Robin and his team!!
Mahbubur Riad
03:19 28 Feb 23
It has been wonderful working with Robin and his teams. Even though he is very knowledgeable and good at what he does, Robin's real talent is that he cares about his clients' financial growth. I wouldn't think twice about recommending RA Advisory to others, and I'm looking forwards to working with them for a long time
Reece Alec
07:46 27 Feb 23
I recently got RA Advisory to complete my tax return and they made the process so easy. Bhavya and Robin were very professional and thorough. Will definitely be going back to them next year!
gg p
00:00 14 Jul 23
I engaged Robin to prepare a back log of tax returns and he made the process easier than expected. The RA Advisory team answered all my questions very quickly and I'd recommend Robin to anyone that needs their tax returns done quickly and.
SAGAR KADIAN
14:57 17 Jul 23
Robin & team were extremely helpful in getting to all our tax lodgments on time, and also provided some great insights into the business for us to make better financial decisions. Moreover, with them as our accountants we were able to tax plan for the future and focus more towards the growth of our business.
Shea Gillatt
05:53 19 Jul 23
Robin and his team do a great job of looking after both my personal and company accounting requirements. Highly responsive to all communication and always have my best interests in mind. Thanks for all your hard work!
Megan Ong
07:24 20 Jul 23
Robin truly went above and beyond to assist me with my taxes. His extensive knowledge and expertise in the field were evident from the start, and I was immediately put at ease knowing that my finances were in capable hands. Not only did he take his time to answer all my questions but he also took the time to patiently explain complex concepts to me in a way I could easily understand. His professionalism and attention to detail were outstanding, and I couldn't have asked for a better experience. Thanks to their guidance, I feel confident that my taxes are handled accurately and efficiently. I wholeheartedly recommend Robin to anyone in need of top-notch financial expertise!
Noushin Hosseinabadi
03:13 27 Jul 23
Robin and his team at RA Advisory are professionals who go beyond expectations to meet your needs. I have a complex case with my finances and Robin spent as much time needed to understand my situation and provided me with best solutions. He and his team always respond calls and emails in an hour if not less. After 10 years of trying different accountants and having to pickup their mistakes, this is the first time I am confident that I am in good hands.
Rez
03:59 27 Jul 23
Robin is such a standup guy for going the extra mile to help sort out my tax return. Clearly walking me through the different steps, making it real easy for me to understand the what and why of the tax return process for my specific situation. Would definitely recommend and come back to him.
Jordan Cullen
06:47 01 Aug 23
The team is amazing. Robin is a lovely guy and really understands our business. I am very happy and can't recommend them highly enough.
Asim Siddiqi
07:42 01 Aug 23
I am client of raadvisory for last 3 years and highly satisfied with their services. I would highly recommend RAADVISORY as their services include attention to details with great experience and prompt response to queries and resolution.Robin and his team deliver services very efficiently and proactively to meet expectations of their clientele.
Kim Draper
05:32 16 Aug 23
Robin gave fantastic support and spent time catering the service to my specific needs. Robin also was contactable at any time. I am more than happy with the service I received at R A Advisory.Highly recommended
Chander Gera
13:48 30 Aug 23
I have been dealing with Robin and his team for last two years. It’s only after emeeting Robin, I came to know about the in-depth process of taxation. Robin is very knowledgeable, always approachable and has mastery over the tax. He is the best accountant that I have come across. I would highly recommend Robin to any business.Very thankful to him for managing my accounts.🙏
john bedovian
07:00 28 Sep 23
RA Advisory finally make me feel like I have some control back with my finances. Robin and his team are great, easy to work with and generous with their advice. Highly recommended
Ayush Das
05:23 16 Oct 23
Had an initial chat with Robin to see if RA Advisory would be the right fit for my circumstance and he happily answered all my questions and was very knowledgeable. I was happy with all the information he was able to provide and felt valued from the beginning. RA Advisory are definitely worth giving a call if you need to discuss your needs.
Anand Mohan
23:01 19 Oct 23
Robin was very helpful with advising me on my tax situation. He is very knowledgeable. Provided me valuable financial advise to manage my affairs. My queries were explained quickly. Down to earth attitude, made dealing and interacting very smooth.
Pardeep Samra
07:30 22 Jan 24
Robin and his team have been incredible to work with. They helped me with my return and also noticed and corrected a prior year which was done incorrectly. Robin has been so prompt with getting everything done and communicating with me throughout the process. It’s the first time I’ve also had someone educate me along the way and ensure I understand how and why things are done a certain way and some tips on what I can do better. Highly recommend!
Damian Vale
06:31 25 Oct 23
RA Advisory have gone above and beyond in helping me navigate complex scenarios regarding tax and would 100% recommend their services. Thankyou Robin and team!!
Jeanette Lee
05:38 02 Jul 24
I was looking for accountant and searched on Google. So glad that I found Robin, he is genuinely helpful, generous with his advise and support. Absolutely an amazing human being. Highly recommended top notch accounting professional, you are in good hands. Thank you so much again.
Lorraine Ong
04:01 29 Jul 24
I was looking for an accountant for tax enquiry. Robin is very knowledgable, not only he answered my question effectively he also generously shared some useful advises. Looking forward to working more with Robin and his team in future.
john adams
05:19 15 Sep 24
We are not a big business just simple senior couple but we still received top level treatment from Robin , prompt and efficient thanks for the great service 5 star
Mila Sudarsono
04:34 12 Nov 24
Such great service and friendly staff. Robin was really professional, knowledgeable and generous with his time. He had a great ability to make you feel at ease and easy to consult with.
See All Reviews

Your tax income or loss for share trading is included as part of your annual tax return. When you lodge your individual tax return, you’ll need to report any profits or loss you have made on share trading throughout the financial year. Any dividends you earn will also need to be added to your taxable income.

The tax treatment of your shares depends on whether you hold shares as an investor or carry on a business as a share trader.

If you hold shares as an investor

  • Your shares are assets and are subject to capital gains tax when you sell them

  • Your costs are taken into account at the time you sell your shares

  • If you have a capital loss you can use it to offset capital gains but not to offset income from other sources

  • Income is earned from dividends and similar receipts.

If you are a share trader

  • Your shares are treated like trading stock in a business

  • Your gains are treated as ordinary income

  • Your losses and costs are treated as deductible expenses in the year they are incurred

Share trader or share investor?

Determining if you are a share trader is the same as determining whether your activities are considered to be carrying on a business for tax purposes.

Under tax law, a business includes ‘any profession, trade, employment, vocation or calling, but does not include occupation as an employee’.

To determine whether you are a share trader or a business of trading shares, the following factors have been taken into account in court cases:

  • the nature and purpose of your activities

  • the repetition, volume and regularity of your activities

  • whether your activities are organised in a business-like way

  • the amount of capital invested.

Meet RA Advisory Business Accountants, Your Share Trading Tax Experts

There are lots of conditions you need to consider when you lodge your tax return. Different tax treatments and different tax calculations would give you different results and finally affect your tax position. RA Advisory has helped our clients preparing share-trading tax returns over the years. We are the expert you can trust and can help you with your tax return. Please contact us if you require further information on whether you are a share investor or share trader.

Why choose RA Advisory

  • Access to a tax & financial specialist
  • Get practical advice and personal attention
  • Expertise in all the right areas
  • Cloud-based technology
  • Flexible service options

  • Customized tax, accounting, and financial strategies

Tax treatments for share traders and share investors:

Share Trader

  • The shares you have bought should be considered as trading stock.

  • Gain from sales of shares is regarded as assessable income.

  • Dividend is regarded as assessable income.

  • Loss from trading can be deemed as tax deduction.

  • Cost incurred for selling or buying of shares are same as the cost of running a business operation and hence can be claimed as a tax deduction.

  • Cost of supplies which are essential for record keeping for the share trading business, for example computers and calculators, can be claimed as tax deduction.

Share Investor

  • Gain from share investment is considered as CGT (capital gains tax).

  • Cost incurred with purchasing of shares cannot be claimed as tax deduction.

  • Loss from selling the shares should be deducted from CGT.

  • You would have an option to choose from 3 available methods to declare your CGT Share trading income.

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What our Client Say About us

Our customers rate us with a 100% rating

Such great service and friendly staff. Robin was really professional, knowledgeable and generous with his time. He had a great ability to make you feel at ease and easy to consult with.
Mila Sudarsono
Mila Sudarsono
04:34 12 Nov 24
We are not a big business just simple senior couple but we still received top level treatment from Robin , prompt and efficient thanks for the great service 5 star
john adams
john adams
05:19 15 Sep 24
I was looking for an accountant for tax enquiry. Robin is very knowledgable, not only he answered my question effectively he also generously shared some useful advises. Looking forward to working more with Robin and his team in future.
Lorraine Ong
Lorraine Ong
04:01 29 Jul 24
I was looking for accountant and searched on Google. So glad that I found Robin, he is genuinely helpful, generous with his advise and support. Absolutely an amazing human being. Highly recommended top notch accounting professional, you are in good hands. Thank you so much again.
Jeanette Lee
Jeanette Lee
05:38 02 Jul 24