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Can someone point me in the right direction on this grey topic. I'm a full time forex/CFD trader and want to use the profit to invest in property (BTL-refurb-refinance). How do I present this as income. Spreadbetting is classified as gambling but forex/CFD isn't and I been told it tax free if sole income up to around £60K profit for the year. Have set up a company already as I know it needs 1 years trading history minimum before I can make the property purchase Will provide more info if needed. Keung
Coronavirus with Crude Oil crash strikes in. All major indices are plummeting like in 2008, gold is picking up in value. UK Oil is almost rock bottom. UK goverment is trying to stimulate the economy, again! Should we be worried already? Is recession coming? Is 18-year cycle a MYTH? Major politics and public people are getting infected by the Coronavirus. What one of major politics will die due to Covid-19? Will this cause a panic? Will this whole uncertainty bring UK property market down in post-brexit era? Is there enough toilet paper for us in the world? None was scared about financial crash early 2008, but the tension is building up now and I am a bit worried... You can click on the image to zoom in. each line - green or red - represents 1 month period.