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Search: Posts Made By: wintergasp
Forum: Traders Hideout September 30th, 2016, 09:28 AM
Replies: 12
Views: 3,014
Posted By wintergasp
In the UK you have an allowance for 10k£ tho. So...

In the UK you have an allowance for 10k£ tho. So if you made 30k£ of net profit, you'd pay 30% of 30k£ or 9k£, which is below the 10k£ allowance, so you'd pay 0.

If you're gonna make more than...
Forum: Traders Hideout September 30th, 2016, 09:25 AM
Replies: 12
Views: 3,014
Posted By wintergasp
What country are you based in ? Yes. In the...

What country are you based in ?

Yes. In the UK Futures is considered capital gain taxes, and will tax you either 18% or 28% depending on whether you're a basic rate taxpayer or not.

Same thing,...
Forum: Traders Hideout September 30th, 2016, 08:09 AM
Replies: 12
Views: 3,014
Posted By wintergasp
Gut2000, You won't pay taxes in the US, but...

Gut2000,

You won't pay taxes in the US, but in Belgium your profits will be calculated as a capital gain (not an income).

In Belgium, the rate is pretty high: 33% of all your profits. The...
Showing results 1 to 3 of 3

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