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Yes.soulfullness wrote:Hi All
Is sharedealing in London Stock Exchange considered as an economic activity and also self employment for ILR ? As I am unemployed I do this as self employed business. Can you advise ?
Thank you all
Only if undertaken as a full time engagement and not as part of routine investment processsoulfullness wrote:Hi All
Is sharedealing in London Stock Exchange considered as an economic activity and also self employment for ILR ? As I am unemployed I do this as self employed business. Can you advise ?
Thank you all
Are you self employed? registered as sole trader?soulfullness wrote:Hi push_hsmp and manishmittal
Thank you for some light on this. How one can prove that he is full time investing in LSE. As far as I am concerned I do this dealing at least daily depending the up and down of the market. Further my dealing is within the ISA account mostly. I have all the dealing in LSE as e-mail message from the dealing bank.
Thank you again
I guess you need to do so. Otherwise the onlything that differentiates you from someone who does not have trading as a full time activity but invests in stocks through ISA is just the frequency of trading.... hardly enough I thinksoulfullness wrote:Hi push-hsmp
I am not registered as a self employed but do dealing in LSE in ISA account. So you think that I have to register as a self employed and as a trader to deal with LSE for ILR purpose . Pl give me some details on this.
Thank you
This ISA means Instant Saving Account(ISA). Am i correct? I thought you can have ISA only with banks and then banks put your ISA in share dealing?John wrote:You would have the ISA with a company that provides you will share dealing possibilities. There are a number of companies in the market place that enable you to do that.
CorrectThis ISA means Instant Saving Account(ISA). Am i correct?
Not correct. The technical answer is that you can have an ISA with anyone who has been authorised by HMRC to be an ISA-provider. Yes the banks have been authorised, but so have a number of stockbrokers.I thought you can have ISA only with banks and then banks put your ISA in share dealing?
You obviously know your job much better than me, but with so many developers in a distressed state, and with land values having fallen so far, isn't this the time to start building up a land bank for future development?Unfortunately my skill is in the worst affected sector in UK. That is residential property development. My CV is all over UK but it is difficult to get a job. Opening a company in that sector is a financial suicide in this recession period.