Thanks a lot, Zurich Trader. Could you mention which one is that big well known forex site recommended by HMRC and how can I obtain their average monthly exchange rate for each currency?
Cheers
Thank you very much,
I’ll see & wait a bit if someone else would know but if no one I’ll try this – it makes sense and as I said there is not much to tax anyway so it shouldn’t be big deal for them.
Cheers
Anyone? I am sure some of you have an account in US and $$ but you tax it in UK – so how do you calculate the tax in this case?
Thanks a lot!
Silverring
I have several Forex accounts in UK (Alpari). I have registered with HMRC as sole trader in UK from 01/2010 but I have travelled a lot and didn’t trade thus there is not much to tax. Nevertheless I have to calculate the tax however small it may be.
I have made most of profit while I was still...