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_thomastax(Newbie)Newbie
17 June 2021

I have been doing CFD trading and normal share trading over 12 months. I have overall high trading volume, well defined investment strategy based on data analysis and large investment size. My trading volume is high in CFD account and low in share trading account. My straregy is to use some of the CFD gain to reinvest in share trading account. My question is can both my CFD trading activities and share trading activities be treated as business activities in one? And if the cost of shares I am holding in my share trading account can be used as deductible allowrance to the rest business activities?

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_KaraBATO(Community Support)Community Support
21 June 2021

Hello @thomastax,

Yes they can.

If you are running a business both your shares and CFDs are considered trading stock.

You will determine your income and expenses by valuing your opening and closing stock values each financial year for all your trading stock. There is no requirement to separate the different trading activities into separate businesses.

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Most helpful reply

_KaraBATO(Community Support)Community Support
21 June 2021

Hello @thomastax,

Yes they can.

If you are running a business both your shares and CFDs are considered trading stock.

You will determine your income and expenses by valuing your opening and closing stock values each financial year for all your trading stock. There is no requirement to separate the different trading activities into separate businesses.

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