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Where Taxpayers and Advisers Meet

Currency Club

Cranage
Posts:1
Joined:Wed Mar 02, 2016 4:13 pm
Currency Club

Postby Cranage » Wed Mar 02, 2016 4:17 pm

I am thinking about investing in a "Currency Club" run overseas where money invested my members is pooled and used for forex movement speculation. How are any profits dealt with in the UK for tax purposes? If taxed, are the profits treated as income or CGT?

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