Forum Archive Index - February 2000

["John W Stockley" <HOMEWARE@xtra.co.nz>]

Nigel you quote:

"If you buy shares for value investing, with the specific intention of
holding the shares over the long term in order to gain dividend income,
then you cannot charge brokerage and losses on share trading against tax.
Under certain circumstances other expenses are allowable, but at this point
you need an accountant."


Could you expand on what "other expenses are allowable ", I would be
interested to know as I thought there where none.





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