How will Forex Trading impact your Tax obligations? No idea? Then signup for a free review! NOW!
Just like any business/investment you need to make sure you have sorted out your entity structures, tax obligations and other important facets to trade Forex.
This is no joke. The taxman in both Australia and New Zealand take any avoidance seriously and in NZ I know that a lack of knowledge is not a defense. I also know that the taxman monitors forums, chatrooms, blogs and other online social networks for any mention of Forex traders avoiding tax or mention of successful trades. The taxman is everywhere!
Vertical Financial Solutions is offering Australian and New Zealand residents a free financial review to prepare you for trading! I will be signing up to this and I recommend you do the same. A free review of this nature cannot hurt and even if you have all of this sorted it’s good to get a second opinion.
The 3 questions below from the fee review signup page should be a ‘heads-up’ for all Forex traders…
Have you considered the following?
-What structure will you trade your Foreign Exchange under (eg: Individual, SMSF, or Trust)
-Have you considered your tax implications because of your Foreign Exchange Trading?
-Are your current investments appropriate for your current and future goals?
So – if you are a currently either an Austrailian or New Zealand resident then sign up here=> Free financial review to prepare you for trading
