Does anyone have experience of capital gains disclosure for anyone engaged in foreign exchange trading?
My client uses robots to trade 24/7. (He also has a regular 40 hour a week job) It means that he engages in hundreds (maybe thousands) of transaction per annum. Any gain or loss on an individual transaction is trivial.
How do/would you show this in his SATR?
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Trading ?
If someone is engaged in foreign exchange "trading" why are they declaring capital gains?