I have been wondering what the deal is with capital gains tax when you make enough trades for your trading to be counted as employment.
Could anyone give me some information on this?, anyone that trades full time and does this every year wouldbe extremely helpful.
Most of all, im wanting to know is, how many trades do you have to make in a financial year to be counted as a full time trader, and therefore avoid the capital gains tax; and when you trading is your full time job, do you only pay tax on your profits?; is there any benefits that have to be taken into consideration for any losses you may have made during the financial year?
Thanks in advance.