Broker Bonanza — Budget 2004

Stockbrokers are sitting on a potential gold mine as a result of a new tax on equity trading proposed in the budget.
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A 15rnpercent tax on trading profits on share transactions, is just one of the newrntaxes slapped by the UNFs third budget, to strengthen governments finances.


Equityrnmarket investors are the ones who have the gained most from the UNFrnadministrations economic policies and the peace process.


ldblquote This isrnnot really a capital gains tax,
dblquote says Consultant to the Treasury P Guru