We've designed Holdings Tank to enable investors to monitor their stocks, shares, crypto's and other assets in one place irrespective of how they are owned. Which means you can add assets held in your name, as well as assets held in any other entity like a trust or company.
What does 'Held in my name' mean?
'Held in my name' is selected by default and will apply to all shares, crypto's or other assets that are held in your name. These trade will be included in the CGT Report when sold and will impact your tax position because they are reportable in your individual tax return.
What does 'Held in other' mean?
Alternatively, if you have a trading account not in your name, for example it was set up in the name of a trust or company, you can select 'Held in other'. These assets will still display in the same way, and you can still export reports, however trades held in other will not be included in the CGT report and will be excluded from any tax calculations.
How do I change from 'Held in my name' to 'Held in other'
When you selecting the 'Buy' button to add any shares, cryptos or other assets you have purchased you will see the radio buttons near the top of the popup. Simply select the button that you need, fill in the rest of the fields and select the 'Buy' button to add the trade.
How to change the view to see your different holdings
By default we will display all holdings regardless of how you own them, however you can change the view to see holdings held either just in your name or held in other. To do this select the 'All Holdings' dropdown located in the top right corner, and then the option you want to see.
