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RE: Off Topic: UK tax self assessment

PureBytes Links

Trading Reference Links

I have used http://www.traderstatus.com/ for my past filing needs. He
outlines it very well and he is easy to follow.

Wes Williams

> -----Original Message-----
> From: Rob Marsh [mailto:dartingriver@xxxxxxxxxxxxxxxxxxxxx]
> Sent: Sunday, October 07, 2001 10:11 AM
> To: omega list
> Subject: Off Topic: UK tax self assessment
> Could someone point me in the right direction for filing my tax
> return this
> year?
> I have been trading both futures contracts (stock indices) and stocks ,
> always on a short term basis, often closing out the same day.
> I'm not sure whether I should class these trades as Capital Gains
> (given the
> short duration of each trade) or whether some other approach is
> better. I've
> asked the Inland Revenue Help Desk this question but they are surprisingly
> unknowledgable!
> As I really don't want to be leached by an accountant given the relatively
> low volume of trades I've done this year, any pointers as to how
> to proceed
> would be appreciated!
> Rob