CFD UK Taxation

UberTrades

Newbie
3 0
Hi guys! :clap:

I've been trading CFDs during the 17/18 financial year and made a tidy profit. I've been wondering about the implications of that on capital gains tax though. Mainly that we pay tax on realised profits. My question is, do we realise the profit when we close a trade? Or when we cash out of the trading site and receive the money and profit back in to our bank accounts?
Kind regards,
UberTrades :clover:
 
 
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