R romik Apr 4, 2006 #1 Hi, Would like to get some info before seeing an accountant on Inland Revenue taxation of income derived from day trading US futures for UK residents. Thanks.
Hi, Would like to get some info before seeing an accountant on Inland Revenue taxation of income derived from day trading US futures for UK residents. Thanks.
J just21 Apr 4, 2006 #2 Short term trading of futures or stocks is income. If you want to avoid tax then use spread betting.
R romik Apr 4, 2006 #3 Quote from just21: Short term trading of futures or stocks is income. If you want to avoid tax then use spread betting. More... SB's spread is too wide on ES for my type of trading
Quote from just21: Short term trading of futures or stocks is income. If you want to avoid tax then use spread betting. More... SB's spread is too wide on ES for my type of trading
