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I have been buying crypto currencies for a couple years now
I have been buying crypto currencies for a couple years now and I have heard when I want to withdraw money out of my crypto's and into my bank account, that I must pay some sort of tax. Also I have to… read more
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I am from the UK but have been working abroad for the last 7
I am from the UK but have been working abroad for the last 7 years full time and the country where I resides does not charge tax on any income. I therefore do not need to pay tax in the UK.However, if… read more
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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
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Need a question answered about CFD trading. We have been running a small fund that
Hi, need a question answered about CFD trading. We have been running a small fund that specialises in financial spreadbetting. Up until now we have not paid any taxes (neither have our clients) as the… read more
taxadvisor.uk
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Hi, I am fully employed basic tax payer and have just started
Hi, I am fully employed basic tax payer and have just started trading FOREX (Foreign exchange currency pairs). I have FOREX accounts with brokers in Estonia and Cyprus. I need to know what my tax liab… read more
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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
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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
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hi, im french and plan to move in london. my main activity
hi, i'm french and plan to move in london. my main activity is forex trading and i wonder how it is taxed in UK? How does it work? Im' used to make a little bi more than 100 000€ profit a year, what w… read more
UKSolicitorJA
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I am a self employed trader dealing in exchange traded futures
I am a self employed trader dealing in exchange traded futures contracts, using a London based broker. I have been trading as a limited company since sept 2008. Paying myself in small salary plus divd… read more
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I have invested in a managed futures strategy through a firm
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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
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I am a full-time trader in the forex market working from home.
I am a full-time trader in the forex market working from home. I trade regularly and often. I'm having trouble convincing MHIT that I am carrying out a trade for tax purposes. I'm keen to offset my ex… read more
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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
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Hi I am a South African (RSA) resident who wants to trade
Hi I am a South African (RSA) resident who wants to trade "over-the-counter"(OTC) spot forex online through a UK broker. I've been told that I would most likely pay income tax not capital gains becaus… read more
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I am a student in my second year of university. I am a UK citizen
I am a student in my second year of university. I am a UK citizen only. I have a forex account (based with a US broker) worth £96,000. I do NOT spreadbet. I have no job but I trade throughout the year… read more
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I trade forex currencies using an account whereby I make profit/loss
I trade forex currencies using an account whereby I make profit/loss in USD. My accountant says each individual trade needs to have a GBP value and that is what I pay the tax on. I've been keeping a s… read more
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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
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We are in the proces of setting up a partnership or an Investment
We are in the process of setting up a partnership or an Investment Club to trade shares. Six of us live in the UK where the partnership/Investment Club would be based and I live in New Zealand. We int… read more
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