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This is the TimeToTrade help wiki. Use the TimeToTrade Trigger Trading Technology™ to execute your trades when Price, Candle Stick, Trend Line, Volume and Technical Analysis chart conditions are met - no coding required. Trade directly in the world’s global markets. Backtest your Trading Strategies. Calculate your UK HMRC Capital Gains Tax liabilities. Manage your Investment Club.


Don't risk a fine from the taxman - Citywire

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The following article abstract was written by Lorna Bourke and published by Citywire on the 1st of October 2009. Thank you Lorna and Citywire!



What you may consider to be a loss could in fact be a gain, according to HMRC’s complicated share identification rules. Be aware, too, that you are now required to supply the taxman with a copy of all underlying calculations used to work out capital gains or losses. You can get help from http://www.timetotrade.eu/cgt_uk.php.


Timetotrade’s Capital Gains Tax calculator helps investors calculate their capital gains on shares, unit trusts and OEIC transactions, in advance of the 31 October 2009 tax return deadline.


To generate the calculation, you simply input acquisition prices of shares or funds, and timetotrade works out the rest. This includes complex calculations for Section 104 holdings, equalisation payments, notional distributions, share reorganisations (such as mergers, rights issues and takeovers) and share identification rules (for those who know what these are). The tool can also be used to calculate indexation allowance and taper relief (see the HMRC’s guide here) that were applicable prior to the changes to CGT legislation in April 2008.


Dary McGovern, managing director of Sensatus, the developers behind timetotrade, says, ‘We have worked closely with private investors during the development of timetotrade. In doing so, it quickly became apparent that a solution was needed that would help investors quickly determine their tax liabilities. Using timetotrade, investors can now do this.’


Investors who submit a paper Capital Gains Tax return (SA108) to HMRC must do so by 31 October 2009. You need to complete the form if overall gains exceed the annual exemption of £9,600 for tax year 2008-2009. You will also need to complete a return if you disposed of more than £38,400 of assets in the tax year 2008-2009, or if you made an overall capital loss for the year and want to make a claim so that it can be carried forward to offset against future gains.


Full information on the timetotrade CGT calculator can be found at www.timetotrade.co.uk. You can register free for a basic timetotrade account. The advanced tax features require subscription to timetotrade’s Pro Package priced at £19.99 a month or £199 a year, plus VAT where applicable. General tax guidance can be found at www.hmrc.gov.uk.


It has never been easier to execute your trading strategy. Our Trigger Trading Technology ® means you can now automatically execute your trades directly in the world’s global markets.


You need never miss a trading opportunity again!


Do you want to:

  • buy when your technical analysis chart conditions are met? Really buy, not just get an email or sms alert?
  • or sell when a support trend line is broken?
  • or back-test your strategy going back as far as 30 years?


TimeToTrade's Trigger Trading Technology™ is truly game changing. It gives you a trading advantage. The power to take your trading to a new level.


Open a FREE TimeToTrade account today to:


  • Trade UK, US and European Shares - apply now
  • Execute trades when your Price, Candlestick, Trend Line, Volume and Technical Analysis chart conditions are met using the Trigger Trading Technology® - learn more - help video
  • Email and SMS Trigger Trading™ Alerts - learn more
  • Trade Off The Chart - learn more
  • Back Test Trading Strategies with up to 30 years of historical data - learn more
  • Create Simulated Trading Accounts to test your Trigger Trading™ Strategies - learn more
  • Real time Forex, UK, European and US stock market data - learn more
  • 170+ Technical Analysis and Candlestick Pattern Indicators - learn more
  • All the tools you need to set up and run a successful investment club - learn more
  • Manage your Portfolio and calculate UK HMRC Capital Gains liabilities and SA 108 CGT Tax Returns - learn more
  • Create Trading Competitions for you and your friends - learn more
  • Apply for a trading account today to get the Live Account Features - apply now


Apply now to try our superb platform and get your trading advantage.



The information and data provided is for educational and informational purposes only. Interpretation and use of the information and data provided is at the user's own risk. All information and data on this website is obtained from sources believed to be accurate and reliable. However, errors or omissions are possible due to human and/or mechanical error. All information and data is provided "as is" without warranty of any kind. We make no representations as to the accuracy, completeness, or timeliness of the information and data on this site and we reserve the right, in its sole discretion and without any obligation, to change, make improvements to, or correct any errors or omissions in any portion of the services at any times. Past performance is not a guarantee of future results. Trading carries a high level of risk to your capital and can result in losses that exceed your deposits. It may not be suitable for everyone so please ensure you fully understand the risks involved.


All services are provided by TigerWit Limited. TimeToTrade is a trading name of TigerWit Limited (a company registered in England and Wales under number 9479466). Our Registered address is TigerWit, 7th Floor, Augustine House, 6A Austin Friars, London, EC2N 2HA, England. TigerWit Limited is authorised and regulated by the Financial Conduct Authority number 679941.


The trading services offered by TigerWit Limited are not available to residents of the United States and are not intended for the use of any person in any country where such services would be contrary to local laws or regulations. Subscriptions to TimeToTrade products are available if you are not eligible for trading services.


Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading spread bets with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. All clients should be aware that trading involves risk.

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