General Tax

tax return for day traders

Simple Assessment

The introduction of Simple Assessment means that HMRC will remove the need for certain taxpayers to complete a tax return. HMRC began the roll-out of Simple Assessment in September 2017 to two groups: New state pensioners with income more than the Personal Allowance in 2016/17; and PAYE taxpayers who have …

Will a 50% tax rate slash your day trading profits?

In the run up to the UK General Election on 8 June 2017 speculation over tax cuts, or in this case tax increases, will continue to be headline news.  This is until 9 June 2017 at which point we may get a feel for what the reality actually is but as …

Decipher Knowledge Base | Trader Tax Factsheets

The Decipher Knowledge base factsheets and articles provide up to date, user friendly tax information. “An investment in knowledge pays the best interest” Be informed about the tax issues surrounding day trader tax. Whether trading shares, FOREX or another financial product, read about trading and: being self-employed, a private investor; …