Recent content by aeburton

Or take a look at LSTrader for much the same idea but with no up-front charge. I signed up at the beginning of March and have been following the recommendations on a £1,000 account at IG. Still early days, bu am presently up £750. Have previously tried Cashflowheaven and Easy Options...

Looks like a trick question to me! The right answer is don't pay either CGT or income tax! Trade the US Futures using a Spreadbetting account! No tax (or lawyers or accountants). Alan

Grant, If I've understood Revenue and Customs CG55536, then whenever I buy an Out Of the Money option and let it lapse Out Of the Money, then I create a "Capital loss equal to cost of premium", so the hypothetical figures should work like this: Trading a/c = £1000, taxed at 25% = £750 net Buy...

Thank you for the suggestions. I am hoping for something less radical than selling up and moving to Monaco/Channel Islands/Isle of Man! I really do hate paying tax -- its way my biggest cost. It seems to me that making a bet, even with a small cost, is better than the certainty of a large...

I have pretty much the same question as Karl (see http://www.trade2win.com/boards/showthread.php?t=26349). This week I have set up a small experiment buying Out Of the Money September Calls and Puts in my broker account and selling the same in my spreadbetting account. Come expiration day at...

Anyone solved this problem? I have some US options trading profits that I am going to need to pay UK Capital Gains Tax on. I hate paying tax so I am thinking about a way of legitimately moving the gain to a spreadbetting account to legally avoid the tax. I figure that if bought in my trading...