Here a great question for ya.
How do you manage paying your tax from your earning from trading?
Here in the UK I would assume that the easiest way would be to set up a company and pay yourself a monthly wage and then hold the rest in the company account. Or, another idea would be to open an offshore company in a country that has zero tax legislation.
it’s one way
i don’t know if it’s the easiest way, but it can certainly help to even out income across the years (exactly as some best-selling authors do), and some people say it can help with deductions
anyway there are definitely traders in the UK who do that (i don’t think they’re trading spot forex, though: tax liabilities are only a problem to spot forex traders in their dreams, really - anyone consistently enough profitable for this to be an issue would surely either be trading by spreadbetting or trading futures instead)
the easiest way for UK residents is maybe to trade by spreadbetting so that all profits are officially tax-free anyway - maybe better to avoid a problem than have to solve one?