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Capital Gains Tax explained 2019/20

Now that you’ve downloaded the Trader Tax Guide, you might be wondering how the Capital Gains Tax regime applies when a day trader is deemed to be a private investor. In this factsheet we outline how the Capital Gains Tax (CGT) rules apply. A day trader deemed to be a …

The self-employed Day Trader 2019/20

In this factsheet we outline the basic points to consider when HMRC guidance dictates that you are a self-employed day trader. Unless you decide to incorporate your day trading business and operate via a Limited company, then you will be a sole trader. Unlike operating a Limited company where the …

gambling-and-tax-hmrc-day-traders-uk

Day Trading and Gambling

If day trading activities can sometimes be classed as speculative in nature, similar to gambling and, therefore, not taxable, you might be wondering how you might structure your activities to ensure that your day trading activities fall into the gambling category, making you tax free. We’d advise you not to …