TheNakedTruth
Joined: 9/14/2024
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RE: Tax on Capital Gain via Foreign Exchange
Hi, I’m in full time employment and paying PAYE tax. So don’t complete any tax returns as it’s automatically deducted. I’ve now started experimenting with forex trading during the day and wanted to know when/if have to pay tax on earnings from forex and If I have to…what to do to keep my tax affairs in order. Also…if I put £20k in an ISA which I never use…is that still taxable? Thanks.