Are forex profits taxable in the UK?

My understanding is that any profits that an individual makes through trading in the Forex market is subject to taxation in the UK. I have heard that the tax can be as high as 40%.

An interesting option is to actually form a corporation for the purpose of Forex trading. Your corporation is only subject to 19% tax.....Less Expenses! I would assume that these expenses would include your salary and benefits.

An even more interesting option would be to consider legal entities outside the UK. Take a look at

http://www.offshoreconferences.info

for some great info and training opportunities.

Paul

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　　Fund Portfolio 　　Fund Performance 　　Fund Manager 　　Fund Management 　　Forex 　　Foreign Investment 　　Financial Investment 　　Fidelity Investment 　　Fidelity Fund

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