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chronology 1) start of activities on the platform for buying and selling forex instruments :06 Jan 2024 2) profits earned between January - May 2024 3) Aplication SelfAssessment received by HMRC - 07 Jun 2024 Question: a) When is the day in 2024 that I can pay tax on profits without penalty? b) If there is a penalty, how should it be assessed? c) Could I calculate the tax on profits and pay it in November, i.e. in the next payment cycle? Thanks for your support!

Thank you very much for your prompt response. The broker through your platform tells me that the reason is that I have to execute the payment of tax on profits. In this regard, I am already moving forward with the registration process with HMRC under the supervision of a tax consultant in the UK so that I have the self assement developed to execute the process according to the laws in the UK.

Hi I started my activity as no resident - living abroad - doing trading with exchange broker in UK in January 2024 The broker confirm me that I need pay tax income over benefit - that its right and according the law in UK, but the exchange broker frozen all funds and disabled the account to transfer my own fund and benefit fund. Actually im working with Tax agent in UK - to advance with the right self assesment - based on information about transaction. The broker said that the limit to pay tax income is 7 June 2024 at 12 UK time- my question are: a) Can the exchange broker to disabled account and frozen fund? - b) Is the limit 7 June - when the dates to pay income 2023-2024 close in April and 2024.-2025 close in November 2024? c) I undertand that the rate to pay tax income is 21% - my question, is can I talk with HRMC - to understand my alternatives in this situation? - Thanks for your attention!