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- 4 April 2006
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Hi,
Would anybody be able to give me advice on how to record CFD trading in a tax return?
I made a small gross gain on about 20 trades late last year, but then ended up with a net loss due to commission costs and interest paid.
I know that I am supposed to claim it as income, not CGT, but not sure whether i should claim the final net value as a loss?
Cheers!
Would anybody be able to give me advice on how to record CFD trading in a tax return?
I made a small gross gain on about 20 trades late last year, but then ended up with a net loss due to commission costs and interest paid.
I know that I am supposed to claim it as income, not CGT, but not sure whether i should claim the final net value as a loss?
Cheers!