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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' |
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Top Download |
 DOWNLOADABLE 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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"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
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About this Site
Using a company will be even more attractive for property and financial investors after the increases in the Emergency Budget
Tax changes in the Emergency Budget
Offshore bonds now more attractive after CGT and income tax changes
