R RugbyBoy Registered User Messages 146 26 Oct 2006 #1 If I transfer sterling from my UK bank account to my Irish euro bank account and then back at a later point - making a profit - is this deemed as FX trading. I assume it is! are there tax implications?
If I transfer sterling from my UK bank account to my Irish euro bank account and then back at a later point - making a profit - is this deemed as FX trading. I assume it is! are there tax implications?
H howareya Registered User Messages 189 27 Oct 2006 #2 It depends on how often this is going to occur. If its part of your busness it becomes part of the profits of your business.
It depends on how often this is going to occur. If its part of your busness it becomes part of the profits of your business.
R RugbyBoy Registered User Messages 146 27 Oct 2006 #3 personal money - would it be considered a trade