Unique tax planning information and advice for traders and investors in Shares, CFD’s, Options, Futures, Forex and Commodities
Home | Discussion Forum | Member Benefits | Sample Articles | Trading Tax Advice | Trading Tax Q&A's | Search | Member Area
 Join Us
Gain immediate access to all our articles, the trading tax Q&A service, our discussion group plus much more. Click here for details.
 About this Site
 About this Site
 Our 100% Guarantee
 Our Experts
 Subscribe Today
 Trading Tax Advice
 Increase in CGT - 2010
 DEPARTMENTS
 CFD's & Futures
 Forex
 General
 Options
 Shares/Stocks
 Trading v Investment
 Trading Tax Q&A's
 PRODUCTS
 Capital Gains Tax
 Income Tax
 Non UK Domiciliaries
 Non UK Residents
 Offshore Tax Planning
 Other Tax Planning
 Other
 Ask For An Article
 Members Tax Q&A
 Your Account
 RESOURCES
 Article Index
 Contact Us
 Help
 Most Popular
 Tax-Bids.com



Offshore company formation for traders & investors
Which of the following best describes your tax treatment?
Share Trader
Share Investor
Forex Trader
Forex Investor
CFD/Futures/Options Trader
CFD/Futures/Options Investor

  • Show Survey Results
  •      

    Tax Planning for Shares, CFD's, Options, Forex & Futures

    If you trade or invest in Shares, CFD's,
    Options, Futures or Forex join the UK's only
    website focused on reducing your tax bill.

    You will have immediate access to:
    • Hundreds of pages of 'members only' tax planning articles, reports and downloads just for financial traders & investors


    • Free help with YOUR trading tax Q&A's. Get one to one tax planning guidance from trading tax experts with our trading tax Q&A service


    • Our FREE tax guide 'Tax Planning For Forex Traders'


    • Our members only discussion forum where you can get opinions, advice and practical help from other financial traders and investors


    • Our monthly members only tax planning newsletter with the latest tips and opportunities for traders and investors


    • All the other benefits in the members-only section including checklists, our tax Q&A resource directory and automatic updates of the latest tax changes affecting traders


    Read reports from the resident tax experts at YourTradingEdge magazine and the author of 'How To Avoid Tax On Your Stock Market Profits'


    Top Download
    DOWNLOADABLE TAX GUIDE:Tax Planning For Forex TradersDOWNLOADABLE TAX GUIDE:Tax Planning For Forex Traders
    This tax guide is available only to our site members. If you're a forex investor or trader it makes essential reading and looks at some of the essential tax planning opportunities available to you. Topics covered include when you can use offshore companies, how to use a UK company to reduce taxes, what effect using an offshore forex broker will have on your UK taxes, top reliefs and exemptions to reduce your taxes and much more . . . keep reading

     
    FEATURED ARTICLES
    Using a company will be even more attractive for property and financial investors after the increases in the Emergency BudgetUsing a company will be even more attractive for property and financial investors after the increases in the Emergency Budget
    Todays Emergency Budget has increased the rate of CGT to 28% for many investors. In this article we look at how this will make using a company more attractive for property and financial investors . . . keep reading

    Tax changes in the Emergency BudgetTax changes in the Emergency Budget
    Well, the Emergency Budget has now come and gone. There have been a number of tax changes, however its fair to say he hasn't gone as far as many people thought . . . keep reading

    Moving abroad to avoid the 50% rate of income taxMoving abroad to avoid the 50% rate of income tax
    The highest 'official' rate of income tax has increased to 50% as from 6 April 2010 (although there is a 60% effective income tax rate on income between £110K-£113K). In this article we assess how moving abroad can allow you to avoid the new 50% rate of income tax . . . keep reading

    Offshore bonds now more attractive after CGT and income tax changesOffshore bonds now more attractive after CGT and income tax changes
    The proposed rise in the rate of CGT should make offshore bonds even more attractive. In this article we look at why this is the case after the proposed tax increases put forward by the Liberal-Conservative coalition . . . keep reading

    Financial trader or investor after the 22 June Emergency Budget?Financial trader or investor after the 22 June Emergency Budget?
    Most financial investors could be paying CGT at 40% or potentially 50% from next year. This certainly narrows the gap between trader and investor status, and in this article we look at how the change in the rate of CGT will make trader status more attractive. We also include a schedule showing the likely taxes payable for different profit levels under the new rules. . . . keep reading


    CFD Pooled interest and CGT

    Spread betting?

    Forex tax questions

    Forex gain on currency conversion?

    Using a hybrid LLP structure to reduce tax for traders?

    Structuing forex investments for friends and family

    Forex trading, reducing tax and NIC

    Tax on forex trading using Alpari

    Query re: options trading and tax

    Trader v Investor & Set up structure

    New CGT rules and how they apply to non residents and non doms
    New CGT rules and how they apply to non residents and non doms As we all know the maximum CGT rate has increased substantially for disposals after 22 June 2010. However, the recent Finance Bill has produced some useful clarifications on the transitional rules that will apply, in particular when disposals are treated as arising before or after 23 June 2010. This is clearly crucial in assessing whether gains will be charged at 18% or 28%. . . . keep reading
    CFD Pooled interest and CGT
    Question: Hi there I understand that credited interest adjustments on CFDs are deductible in calculating CGT. However, my broker credits interest based on my daily CFD balance. Can I deduct the total credited CFD interest charged for the year as a single line item in my CGT worksheet (supporting my SA return) or do I need to somehow allocate the interest to individual CFD trades. If yes, what is the normal means of allocating a daily pooled interest charge? In addition, related to the allocation question, some of the total interest will be associated with ongoing CFD positions held beyond tax year end, I am correct in assuming that I cannot deduct this part of the interest credited and if so, how do you allocate the interest without trying to apportion interest on a daily basis. Many thanks Nick . . . keep reading
    Spread betting?
    Tax Question: I am a non-dom UK resident and using a standard Alpari Classic spread betting account for automated high-frequancy forex trading. Is this considered as spread betting? Alpari are offering a Pro account (see below). Is this spread betting? -- "Spreads from 0 pips* Access the market directly, with price feeds from multiple liquidity providers via MetaTrader 4. These providers include many of the top tier-1 banks, ensuring a broader market and greater opportunity to execute high volume trades at the most competitive prices. Opening a Pro account will give you direct access to the deep liquidity of more than 10 top-tier banks which are competing to offer you the best price. It is possible that the best Bid provided by Bank 1 will be equal to the best Ask provided by Bank 2. In this case, you are likely to see zero spreads in MetaTrader 4. No re-quotes Trading on the MT4 Pro account means no re-quotes. Your orders will be executed at the best available price from our liquidity providers. Place your orders inside the spread Many brokers impose restrictions on where you can place your orders. We do not. By trading through MT4 on the Pro account you will be able to place your order where you want." . . . keep reading
    Forex tax questions
    Tax Question: Planning to start a forex business with a forex broker outside the UK. what are the important information that can be useful for (1) avoiding too much tax in UK (2) is self employed better or register a company with company house (3) what is offshore and can it be useful in forex (4) and other relevant information. thanks. . . . keep reading
    Using a company will be even more attractive for property and financial investors after the increases in the Emergency Budget
    Using a company will be even more attractive for property and financial investors after the increases in the Emergency Budget Todays Emergency Budget has increased the rate of CGT to 28% for many investors. In this article we look at how this will make using a company more attractive for property and financial investors . . . keep reading
    Tax changes in the Emergency Budget
    Tax changes in the Emergency Budget Well, the Emergency Budget has now come and gone. There have been a number of tax changes, however its fair to say he hasn't gone as far as many people thought . . . keep reading
    Good countries to reduce tax
    Good countries to reduce tax Avoiding or minimising UK taxes is great but to genuinely operate on a no/low tax basis you also need to minimise overseas taxes. In this article we look at some of the good overseas countries you may want to consider to reduce your taxes . . . keep reading
    Moving abroad to avoid the 50% rate of income tax
    Moving abroad to avoid the 50% rate of income tax The highest 'official' rate of income tax has increased to 50% as from 6 April 2010 (although there is a 60% effective income tax rate on income between £110K-£113K). In this article we assess how moving abroad can allow you to avoid the new 50% rate of income tax . . . keep reading
    Forex gain on currency conversion?
    Question: Hi, I am a uk resident, new to forex and work as an investor. I moved a Sterling lump sum, sometime ago, into C$ in order to protect the value of my capital, I recently traded this across to A$. My accountant now informs me that I am due to pay CGT on the value of my C$ at time of trading out. At no time have these funds traded back into Sterling before moving into A$: a. Is this really correct? b. Should I be working these funds under some kind umbrella different to that of a private investor? I ask you to note that I may move these funds again soon into stocks or another currency and dont want to do this until I have received advise. Yours hopefully, . . . keep reading
    Offshore bonds now more attractive after CGT and income tax changes
    Offshore bonds now more attractive after CGT and income tax changes The proposed rise in the rate of CGT should make offshore bonds even more attractive. In this article we look at why this is the case after the proposed tax increases put forward by the Liberal-Conservative coalition . . . keep reading

    Financial trader or investor after the 22 June Emergency Budget?
    Financial trader or investor after the 22 June Emergency Budget? Most financial investors could be paying CGT at 40% or potentially 50% from next year. This certainly narrows the gap between trader and investor status, and in this article we look at how the change in the rate of CGT will make trader status more attractive. We also include a schedule showing the likely taxes payable for different profit levels under the new rules. . . . keep reading
    Using a hybrid LLP structure to reduce tax for traders?
    Question: What are the tax benefits of a Limited Liability Partnership (LLP) with a Limited company and the individual as partners for a UK resident who is classed as an options trader. as opposed to an investor). . . . keep reading
    Why it may be more attractive for financial traders & investors to use a company after April 2011
    Why it may be more attractive for financial traders & investors to use a company after April 2011 The recent coalition agreement and subsequent statements from the new Government have made it clear that the rate of CGT for non business assets is to increase to 40% or 50% from April 2011. In this article we look at why this will make using a company more attractive for financial traders and investors after April 2011 . . . keep reading
    Structuing forex investments for friends and family
    Question: I have an excellent method for profitable forex trading. A group of friends and family now wish to invest in a corporate entity/structure and receive a 'guaranteed' return on their investment with any excess profit being retained by the 'entity'. what structure would you recommend - llp, ltd company, investment club? . . . keep reading
    Forex trading, reducing tax and NIC
    Question: I am trading forex with Alpari (UK).I did spreadbetting before but the roll overs and spreads cost me because i normallly leave my trades running for days or weeks even.I Wanted to know the tax implications for me.Do i pay income tax as an individual trader or do i pay Capital Gain tax , or since i also have a weekend job where i also pay tax as well as NI, i dont pay anything on my winnings.What if i leave my weekend job? do i still pay N I on my winnings ? . . . keep reading
    Tax on forex trading using Alpari
    Hi I am a UK resident and currently part time employed but during the week i am involved in full-time (15mins and 1hr) online currency/forex trading using Alpari (e.g £/US$ etc etc). Would this be classified as spread betting? Am i liable to pay tax and what type of tax? I have no idea at all how this works so any detailed information would be appreciated. What tax method would save me more of my income from this online trading. . . . keep reading
    The increased rate of CGT for non business assets and how this will affect financial investors & traders
    The increased rate of CGT for non business assets and how this will affect financial investors & traders The recent Liberal-Conservative coalition agreement included a commitment to increase the rate of capital gains tax (CGT) for non business assets. In this article we look at what this may mean for financial traders and investors, and some of the likely tax planning opportunities . . . keep reading
    What tax changes can we expect from the new Conservative-Liberal Government?
    What tax changes can we expect from the new Conservative-Liberal Government? The Conservative-Liberal Government have promised an emergency Budget within 50 days of coming to Government. This takes us to roughly the beginning of July. In this article we look at the previous Conservative comments and pledges to assess what could be included in the Emergency Budget as well as for tax year 2011/2012. This takes account of the Lib-Conservative coalition agreement issued on 12 May . . . keep reading
    Query re: options trading and tax
    Question: I am a UK Citizen who has been trading options (full time) on the Australian share market whilst living in Australia as a Permanent Resident for the last 2 years. I have a Australian Family Trust structure under which I trade and I pay Australian income tax as is appropriate to the income distributed from the Trust. I am now going to move back to the UK but would like to continue to trade Australian options either inside, or outside, of my Trust Structure. A couple of questions please : 1) If I am resident in the UK but trading Australian options - do I pay UK or Australian income tax ? I will be making my own decisions regarding the options that I trade and using an on-line broker - likely to be CommSec - to execute the trades. I may use a full service broker for some combination trades which I cannot execute on-line. 2) Do you have any advice on whether I should trade using the Trust or directly/as an individual ? . . . keep reading
    Trader v Investor & Set up structure
    Question: I have recently returned to the UK and wish to trade options and futures full time. Having read some of the articles the Trader v. Investor issue does not seem clear cut. Given that this will be my full time occupation, and would deem myself to be self-employed, which is the best financial structure to create in this instance ? Can you recommend any speciaist accountants living in the Cheltenham area ? Many thanks, . . . keep reading
    More HeadlinesMore Headlines   

    £1.00 Trial
     Tip of the Week
    Sign up to our free tax planning newsletter for the latest trading tax planning opportunities
    Email:
    Investors Tax Bible


    Trading tax experts at YourTradingEdge


     Discussion Forum
    Recent Forum Posts
    • Margin account taxation
    • Allocation of CFD interest to specific CFD trades.
    • Forex trading through a UK limited company
    • US Brokers with UK Subsidiaries
    • CGT increase
    • Tax free spread betting or not?
    • Trader or Investor
    • domicile or not, that is the question.
    • forex (investor)
    • Using a trust or company after the CGT rise?
    • New CGT rules of of new Tory-Lib govt
    • accountant recommendation
    • Tax on Forex trading using a Ltd company
    • Can someone help me with the tax process
    • CFD - Capital Gains tax share matching rules
    Search Discussion

     Features

    Find this here and more!
    · Trading Tax Q&A's
    · Tax Planning Reports
    · Forex Tax Planning
    · CFD Tax Planning
    · Tax Planning for Options
    · Tax Planning for Shares
    · Ask For An Article
    · Downloadable Checklists
    · Tax Planning Strategies
    · Content From Specialists
    · Members-Only Tax Forum
    · Members-Only Newsletter
    · Much, Much More!


    "I've found this website very useful in reducing tax on my forex profits. It's definitely worth the subscription fee."
    Adrian Childs
    Edinburgh


    "After having inconsistent advice on other forums it's been great to finally get to the bottom of what I can and can't do to reduce my taxes!"
    Peter Young
    Cyprus