It really shits me. The money we use as Capitol we have already payed tax on.
We take all the risk, and they take their 48% for f all.
Why isn't the original capitol investment tax deductible like any other work related expense?
There should be different rates for full time traders, and investors like me, and most of us here who just do this on the side.
On another note, wouldn't we be better using half the before CGT tax profits on a highly speculative stock, if it works out all good, if you lose the lot then that comes off your CGT and doesn't go to the tax man??
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