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  • uk forex tax?

    Posted by admin on June 18th, 2009 and filed under uk forex | 1 Comment »

    does anybody know if there is any tax on forex profits in the uk either on a corporation or individual, and if you ( dont take a distribution ) would there be any tax liability

    I recently saw a good post on the UK taxation of Forex on a blog at GFT here is the link. http://forex.gftforex.com/public/blog/132336

    I also understand that the max corporate tax in the UK is 19%. You may want to explore this route as well.

    Paul

    Currency Exchange?

    Posted by admin on June 12th, 2009 and filed under uk forex | 2 Comments »

    Last time when I travelled to UK, I got back with me few pences and Pounds (coins). I wanna know where I can exchange them in India. I enquired in Forex, they said they dont take coins.
    I have lot of such coins. Wanna know where I can get them converted to Indian Currency.

    No money exchange accepts coins. It has value only in the country of origination and as collector's item.

    If you are in Kolkata - I can buy them, as I have a hobby of coin collection. But I will not take more than one no. of any specific coin.

    Forex players…. I need some advice…?

    Posted by admin on June 5th, 2009 and filed under uk forex | 2 Comments »

    Hi,
    How are you?

    I have been hedging the forex, however it has now become illegal….

    I have the option of switching my account to a UK account to continue hedging

    or
    remain on US system… no hedging… meaning I can only trade in one direction of the market…

    Would you switch the account or keep it as a US account…

    Thanks and God Bless,
    Ms S

    If I was in forex, I would run very very quickly away. The forex brokers are nothing but crooks.