Guys, Im sure this question must have been covered somewhere on here but I can find any answers, appreciate any responses, so here goes:
Im retired and the state pension is my only income
I trade the US market via an IB A/c, daytrade, swing or even hold for longer periods
I believe you can earn upto £10k tax free, anything above that is taxable , does that include trading ? , Im not interested in spead betting , having been self employed and perfered self assessment rather than use an accountant, due to past experiences, I ceased working due to illness some 5 + years ago
Cheers john
Im retired and the state pension is my only income
I trade the US market via an IB A/c, daytrade, swing or even hold for longer periods
I believe you can earn upto £10k tax free, anything above that is taxable , does that include trading ? , Im not interested in spead betting , having been self employed and perfered self assessment rather than use an accountant, due to past experiences, I ceased working due to illness some 5 + years ago
Cheers john
Hi All....tax on trading question?
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