TAX ON FTMO [DO YOU PAY TAX ON FTMO? WHAT UK TAX DO YOU PAY ON FTMO ONCE PASSING THE FTMO CHALLENGE]

So, what tax do you pay on FTMO earnings and how much tax do you pay when you're funded with FTMO? It's been a highly requested video and there's not a lot out there. Personal forex trading tax is different to FTMO tax and this will be covered in a separate Forex tax video.

Disclaimer: I am not a finance professional and my videos are for entertainment purposes only. You should always seek approved financial advice before making any decisions that effect your finances.

Video Breakdown:
0:00 - Intro
0:55 - Outline of tax considerations
01:36 - Do you pay tax on FTMO payouts?
02:29 - Tax status options
02:46 - What to prepare/be aware of
03:27 - Income tax thresholds
03:45 - Example of FTMO tax with another job
04:34 - National Insurance rates
05:29 - Summary of deductions example 1
05:49 - Example of FTMO tax as sole income as an individual
06:59 - Summary of deductions example 2
07:16 - Summary of rough deductions
08:35 - Wrap up
#ftmotax #tax #forextax #ftmochallenge #forextrading #forextrader

Видео TAX ON FTMO [DO YOU PAY TAX ON FTMO? WHAT UK TAX DO YOU PAY ON FTMO ONCE PASSING THE FTMO CHALLENGE] канала Matt to Million