andrew.cheung

Hi, I've read through CG13350 - Bed and breakfasting: general, but it only mentioned shares, as financial futures contracts are not shares, I can't figure out how they are related. I've read "CG56000P - Capital Gains Manual: Shares and Securities: Futures: contents", is that I just need to report the gain and loss when I close a financial futures contract?

Hi, Thank you for your answer. To be more specific, the futures contract I've questions are US indices futures (such as S&P500 futures ES, GBP futures 6B). According to CG56004 - Futures: income or CG: CG treatment, am I correct that I can report the profit from trading futures as income tax? If I could report them as income, if I made a loss when trading futures in the tax year, am I correct that I don't need to report it in my tax return?

I know these rules applies to stock shares, but do they applies to futures contracts?