Do UK day traders pay TAX?

Asked 3 years ago

I want to day trade, but will it be illegible for tax if I stay in the UK?

Day trading in the uk Day trading Tax law

Avik Das

Thursday, November 18, 2021

Day trading is quite common and with the right approaches, you can do profits. As it happens within the same day, paying taxes for it could be intricated. In the UK, currently, there is no specific tax rule or system for day trading. The taxable amount would depend on the type of instrument you are using for day trading in the market. 