Precious metals and completing tax return (ATO)

Discussion in 'General Precious Metals Discussion' started by localknowledge, Jul 27, 2014.

  1. localknowledge

    localknowledge New Member

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    Hi, quite new to this stuff and was hoping for some assistance in locating ATO info on which section to enter holding costs for precious metals within the e-tax 2014 software. I assume one can claim annual holding (even auditing) costs of precious metals when just 'holding' and don't have to wait for a CGT event such as selling them. Links to other forums or ATO advice would be awesome... Have looked around but so far not too successful. Many thanks in advance :)
     

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