UK Tax

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Related UK Tax Questions
If a forex trader has yet to make a NET profit in a
If a forex trader has yet to make a NET profit in a financial tax year do they still need to register for self assessment. Therefore, assuming a forex trader makes profitable trades that in total may … read more
taxadvisor.uk
taxadvisor.uk
Accountant and Tax Practitioner
Chartered Certified Accountant - FCCA
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I have a question relating to paying tax on Forex trading. I
I have a question relating to paying tax on Forex trading. I am now a consistently profitable trader in the UK, I do not use a spread-betting account, I use a True ECN account. I understand I should p… read more
taxadvisor.uk
taxadvisor.uk
Accountant and Tax Practitioner
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2,188 satisfied customers
I need advice on uk tax for trading forex. Do you deal with
HI there. I need advice on uk tax for trading forex. Do you deal with UK tax? … read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
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UK tax: I have just started part time forex trading. i am
UK tax: I have just started part time forex trading . i am planing to go full time . I work on spread betting . Do i have to pay taxes from SB ? Do i have to register as self employed if i go full time? … read more
bigduckontax
bigduckontax
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FCCA FCMA CGMA ACG
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Soon I will be opening a forex trading account with the
Hello, Soon I will be opening a forex trading account with the intention of leaving my full time job (if all goes well) and do day trading full time. What do I need to do in order to pay any taxes whi… read more
bigduckontax
bigduckontax
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FCCA FCMA CGMA ACG
1,374 satisfied customers
I am from India, a non UK citizen, but UK resident & I
Hi, I am from India, a non UK citizen, but UK resident & I have 1 year work visa. I'm working full time and planning to invest in the forex market in a company located in UK. With my UK bank account d… read more
bigduckontax
bigduckontax
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What tax implications if any are there if I started making
What tax implications if any are there if I started making income via forex trading living in Sweden and having a trading account in UK… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My father invested into a fx-forex trading company account
My father invested into a fx-forex trading company account a few years ago. The original fund was sent to a Swiss bank account in their company name. He receives a monthly statement of trades opened a… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Hello,I have a brokerage account that I use to make speculative
Hello, I have a brokerage account that I use to make speculative investments. In particular, the account allows me to buy and sell foreign currencies (EUR, USD, etc) leading to gains or losses. For Ca… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
I am currently a post-graduate student and am looking into
I am currently a post-graduate student and am looking into foreign exchange trading (forex) in my spare time. Would I have to pay tax on profits I make and how would I go about doing that?… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
I have a friend who is unemployed and has no other income apart
I have a friend who is unemployed and has no other income apart from his investments in forex managed accounts and automated signals/systems (not spread betting). If he makes £70k this tax year, for e… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Im a forex trader and have been making my money from this
I'm a forex trader and have been making my money from this for 6 months I spread bet in uk law they say spread betting is tax free is this true or do I have to pay something… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,763 satisfied customers
Spread Spread Betting Questions A) Whilst working full
Spread Spread Betting Questions: A) Whilst working full time for an employer & I did spread betting, would any gains from SB be liable to tax? B) If I worked part time for an employer & carried out SB… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,763 satisfied customers
My wife and I are employed full time and in addition I have
My wife and I are employed full time and in addition I have been trading FOREX with my capital via a joint broker account with my wife. The profit made on this account this tax year has now nearly rea… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
I have started trading on the foreign exchange market by betting
I have started trading on the foreign exchange market by betting on whether a currency on a specific curreny pair will go up or down. I do not have a spread betting account, it is simply an open ended… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
1. Do you have to declare money earned gambling online
1. Do you have to declare money earned gambling online? - Does it depend on whether or not its the only source of income? - If its in addition to a main job, how much must one earn, not to declare it?… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
In the UK what tax bracket does forex trading - well forex
In the UK what tax bracket does forex trading - well forex monies made fall into - threshold before tax etc. and how much is paid in tax over a threshold if there is one - thanks… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Hi, Could you let me know if there is any tax to pay when
Hi, Could you let me know if there is any tax to pay when earning an income from the Forex market (Forex Spreadbetting)? If not, is this true for unlimited amounts (wishfull thinking I know!).… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
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