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Other tax planning for financial investors & traders
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Using options and futures to hedge risk and can it affect your tax status?
11/09/2009
If you're dealing in financial futures, options, or CFD's you'll need to determine whether you are a financial trader or a financial investor. This will have a crucial impact on how you're treated for UK tax purposes. This article looks at the tax status of anyone dealing in CFD's, Options or Futures and how using these derivatives to hedge your portfolio risk will effect this . . . keep reading
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Tax Planning for financial traders planning on losing UK residence in the future
04/09/2009
Speak to many traders and investors and quite a few will be looking to leave the UK in the future. Usually when they've made a large enough profit from their trading or investing activities. If you you're leaving the UK there are lots of tax planning advantages which we've looked at in other articles. However is there anything that you could do now (ie whilst UK resident) to reduce your taxes that can take account of the fact you are going to leave the Uk in the future? . . . keep reading
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Are profits from spread betting always free of tax?
25/05/2009
It's well known that spread betting profits are free of tax. This is because for tax purposes spread betting profits are classed as income arising from gambling activities. As gambling income the profits would therefore be fully exempt from UK income tax, national insurance and Capital Gains Tax ('CGT'). However is this always the case? . . . keep reading
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Reducing tax on bond investments
15/04/2009
Bond holders will enjoy significant capital growth given interest rates have been slashed. This could make bonds an attractive investment opportunity for many investors particularly given the lower levels of risk when compares with equities. In this article we look at the UK tax implications of holding different forms of bonds and the tax planning opportunities. . . . keep reading
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Group investments - should you use an investment club or a company?
30/03/2009
Share clubs are becoming increasingly popular. Essentially what happens is a group of friends or colleagues put some cash in a 'pot' and this is then used to invest in shares that the group, (or an executive committee) decide upon. At predetermined intervals the profit is distributed to the members. This article looks the tax implications of structuring this as an investment club or company . . . keep reading
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Transferring Shares to Children to Avoid Income Tax
Making the most of a spouses basic rate tax band is a common tax planning strategy but what next? If you hold shares as an investment can you transfer some of the income to your children to benefit from their lower tax rate? This article looks at how you can access your children basic rate tax bands to reduce income tax . . . keep reading
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Spread betting via a company and UK tax
We all know that spread betting is free of UK tax and NIC. However what if instead of spread betting in your name you spread bet via a company? This article looks at the tax position for the company on any profits or losses from a spread betting activity . . . keep reading
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Floating tax havens for traders & investors
If you like travelling, are fond of the sea and are looking to slash your tax bill you could consider living on a boat. The main advantage to this is that you could avoid being a tax resident of any country. This article looks at the tax planning benefits of becoming a nautical nomad and trading from overseas. . . . keep reading
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Day Traders & Investor Status for Tax Purposes
Before the 2008 budget for most share speculators there were not significant differences between share trader and share investor status. This article looks at trader v investor status for day traders taking account of the 2008 capital gains tax changes . . . 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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