Recent content by TheGoodGoodMan

So, just to clear things up.. if i will be trading for a prop firm (using my money but from their account to go around $25k day trading minimum), my profits and losses will go under income tax or capital gain?

Thank you, it is very helpful.

So, if you are day trading and have a profits for a year to declare in which section you do this? As a Capital Gain or Income Tax? Plus how it looks like if you are trading for a prop firm?

Ok, that seams right. Thanks a lot random12345.

So is it self employment? I am not registered as a self employed. I thought that it will be somewhere in foreign income..

Day trading is not under Capital Gains Tax, it's Income Tax so the form SA108 is not good for me, i think.

Hi, I know that it's probably somewhere on this forum but so far i have no luck finding it, so i will ask anyway. I am filling an online self assessment form (UK) and i had a losses last year trading US stocks that i need to show. Where should I put it? I cant find appropriate field for this. I...