I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
OK - thanks, ***** ***** helpful. So I think you're saying that even though these are US shares (NYSE/Nasdaq etc) which I'm buying/selling this is all handled through my UK tax return - is that correct, and if so do I need to apply for any sort of waiver to the US authorities so that they don't come chasing me for tax as well?
Samuel, thank you for your reply.You should report all capital gains and losses through your UK tax return.If you have paid foreign tax on these gains, you should claim foreign tax credit relief by completing supplementary pages SA106 - Foreign (section headed Capital gains - foreign tax credit relief).I hope this is helpful and answers your question.