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Forex Contract

Posted by blok PM | on Wed, 19/01/2011 - 09:10  1048  5 comments | report

Client entered into a forex contract with Moneycorp.  He purchased euros in a forward contract arrangement, over twelve months.

He made a gain/ profit of £8k.

Can anyone give me any pointers on the tax position.

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Forex

thisistibi | Wed, 19/01/2011 - 09:49
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.

blok | Wed, 19/01/2011 - 11:26
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Yes

thisistibi | Wed, 19/01/2011 - 11:38
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.

blok | Wed, 19/01/2011 - 12:12
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Oops

thisistibi | Wed, 19/01/2011 - 12:34
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