In this video, I talk about the important topic of paying tax on trading in the UK. Covering essential areas of trading such as Forex, Stocks, CFD, Spreadbetting and ISA's.
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- TIMESTAMPS -
0:00 Intro
1:13 Who am I
2:25 3 Main areas of tax
2:33 Income tax
3:02 Capital gains tax
3:34 Corporation tax
4:29 Trading with a prop firm
5:31 Buying and selling stocks
6:34 Trading stocks from an ISA
7:31 Trading Forex CFD
8:09 Do you pay tax when spreadbetting
8:55 Conclusion
This video shares more information about paying tax on trading from the UK. Including how to pay tax as a Forex trader, paying tax when trading with a prop firm, as well as other methods of trading.
There are so many different avenues of paying tax as a trader, and it can often get confusing. That's why it's super important to always seek financial advice from a registered accountant.
Although I am not a financial advisor or a registered accountant, I share some insights to help guide you along the murky waters of paying tax as a trader.
Whether you trade CFD's, ISA's, for a prop firm or spreadbetting, this video should help you out, and give you an idea of what tax you need to pay for trading profits.
I hope you enjoy!
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You will like this video if you are interested in:
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If you enjoyed this video, please LIKE and SUBSCRIBE for more videos! ✔️
Thanks!
Emily
- Mindfully Trading -
// DISCLAIMER
This video is for entertainment and educational purposes only. I am not a financial advisor and I am not telling you where or when to take a trade. I express my personal opinion only. Trading financial markets involves risk. I am not responsible for any losses incurred due to your trading. I do not recommend any specific trade or action, and any trades you decide to take are your own
#forextrader #uktax #uktraders
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