Recent content by TBJ

Ok thanks, what is this key question about turnover? And I assume options purchased and sold are VAT exempt, correct? Also for this turnover I would assume is total sales from selling options purchased alone. Then offset them vs option premium paid and commissions? Then throw in expenses and so on

Question! If one do option trading for spare time especially trading for own personal account say 10 per day (buy and sell) for the year, while working full time, then would it mean gains (or losses) would be liable to U.K. income tax, instead of capital gains? And in case of income tax, do we...