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Margin trade for Forex

Answer
dustis
Posted Thu, 17 Oct 2024 17:04:58 GMT by dustis
Hi, If I use margin trade for cross currency pair as below. How do I file my CGT return because a cross currency pair trade does not match the currency pair at the time of purchase? Buy GBP/JPY GBP100,000 @ 200 (Holding GBP100,000 and -JPY20,000,000) Sell USD/JPY USD133,333 @ 150 (Holding GBP100,000 and -USD133,333) Sell GBP/USD GBP98,765 @1.35 (Holding GBP1,234)
Answer
HMRC Admin 19 Response
Posted Tue, 29 Oct 2024 13:24:15 GMT by HMRC Admin 19 Response
Hi,
You can see guidanceand and associated links here:
CG78300 - Foreign currency: introduction
Thank you.

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