How can I structure day trading as a business to reduce tax?

swornlinzapp

New Member
So, any advice on who to talk to about setting up day trading as a business structure—so I can pay myself a percentage as income, instead of getting hit with the full annual amount as CGT at 50% or extra income at 45% interest? Has anyone else done something like this ofr themselves? Or would this just be a general accountant thing?

Just so you know, my wages are currently $263k a year, so any additional income gets taxed at 45%.
 
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