Do sole traders trading shares for income need an accountant ?, page-2

  1. 3,448 Posts.
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    If you keep detailed records and feel comfortable/competent lodging your own tax return, then do so.

    If you maintain good records then even if your are audited there shouldn't be a problem

    You say "thousands" of trades; I would strongly suggest Excel spreadsheets

    Just my opinion

    I was classed as a trader for seven years and turned over millions a year and was never audited
    Last edited by Golden Fleece: 14/02/21
 
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