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
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.
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.