Recent content by PokerPlayer

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    Some of my trades, forecasts

    Re: Usd/jpy :eek:Who prefers GBP/USD to EUR/USD for intraday trading, and why? Hi 4xpipcounter, I was reading the other thread and got redirected here. I admit I haven't read the other 81 pages on this thread :eek: but I have a quickie question re GBPUSD and you seem to be the man with a...
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    uk tax laws on forex

    Chapter and Verse from HMRC website Exempt assets - when you don't pay Capital Gains Tax Some assets aren't liable to Capital Gains Tax at all because they’re exempt. These include: • your car • personal possessions worth up to £6,000 each, such as jewellery, paintings or antiques • stocks and...
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    uk tax laws on forex

    Chaps All the scenarios and explanations are valid and well put, and it's easy to imagine HMRC getting interested if you suddenly stop filling in tax returns and sign on the dole lol.... (although HMRC can't make you go to work, see Glasgow, Bolton, Sheffield etc) I'm new on this forum so I'll...
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    uk tax laws on forex

    Hi Steve HMRC may be interested in spreadbetting (they would say that wouldn't they !) but they can't do Jack unless you're foolish enough to give it the Big 'Un and describe yourself as a professional trader. Spreadbetting = gambling = no tax liability. Do you think HMRC is giving tax...
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    uk tax laws on forex

    Spreadbetting is classed the same way as playing poker, i.e it's gambling. HMRC don't want to go anywhere near anything that is classed as gambling, as if they made a decision to tax you on your winnings, they would also have to give you tax relief on your losses.. The crucial difference is...
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