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Trading Franklin's avatar Regular · 1 week ago
How does the loss relief provision under UK capital gain tax rules apply to a cryptocurrency investor who has experienced both large gain and large losses across different tokens in the same tax year?
You can offset losses against gains to reduce your overall CGT liability and if total losses exceed gains you can carry forward the unused loss to future years but you must report both gains and losses to HMRC even if no…
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Krys replied

The loss relief provision allows an investor to deliberately sell an underperforming token at a loss before the end of the tax year 5 April to offset gains realized earlier…

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Trading Dunc_at_TIC's avatar Regular · 1 week ago
What is the best AI Trading Software for Forex and Crypto day trading?
I’ve been experimenting with a few trading tools recently after meeting a client recently with a team of quants who are saying it’s possible for normal everyday people to build a decent institutional grade stack. Is any…
kingpin_479 replied

IG is a top-tier FCA regulated broker that integrates powerful AI tools like trading central and proRealTime directly into its trading environment for pattern recognition and automated strategy creation. UK…

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Trading Mullen's avatar Regular · 1 week ago
Can you open and contribute to more than one ISA of the same type in a single tax year?
Since 6 April 2024, you are allowed to open and contribute to multiple ISAs of the same type for example, two different Cash ISAs within the same tax year. However, your total contributions across all your ISAs must stil…
Hay_why replied

You can indeed contribute to more than one cash ISA in the same tax year but you must track your total subscriptions carefully. If you put £10,000 into one Cash…

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Trading WetBandit's avatar Regular · 1 month ago
New to trading where to start?
Ive seen so many people trading and becoming succesful from so. Whats the best way to start investing as a complete novice. Also how would i track the best stocks and shares to invest in as it seems like it takes alot of…
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