tax return and share trading, page-18

  1. 524 Posts.
    My spreadsheet and totals are cool, no prob there.

    Just a few dumb questions about where to put totals:

    1) P8 Income: trading income goes in non-primary production box for C gross payments OR I other business income. No L in the box if trading gain?

    2) P8 Expenses: Cost of Sales and Total Expenses; do both of these require an L in the box to the right being an expense?

    3) Do I treat Options the same?

    3) My expenses actually outweigh my net gain once I add in opening stock (ie closing stock from last year) and other expenses, go figure. At least I can offset against main income for possible refund this year.

    Cheers

 
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