Futures Trading as Sole Trader CGT

I am setting up a business in which I buy and sell futures contracts, like a financial trader. Do I have to pay CGT on profits/losses or can it go under as business income?

Hi Normally, making an investment that yields investment income would not count as a trading activity. If you are carrying out these transactions, specifically trading as a business, then the income and expenses would be declared on a self assessment tax return as self employment income. Where the investments are carried out as an individual and not a business, then the gains would be taxed as capital gains. Thank you