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@janjan I'm about 80/20 L&G PMC World (ex UK) Equity Index Fund 3 & L&G PMC Global Equity Market Weights (30:70) Index Fund- GBP 75% Currency Hedged 3 0.12/0.14 fund management charge, it's 100% equity, with UK basically correctly weighted, and a hefty amount hedged. YMMV, but this felt the...

@resjudicata Fair enough on the first bit, I've broadly stayed away from tax bar the ACA tax exams. However you can make a high level assessment on the badges of trade and unless something unusual is happening, they hit most of them - and per HMRC's own website tool it says they still should...

@resjudicata HMRC (probably) won't care, but it hits 8 of the 9 badges of trade, so it's pretty clearly a trade, and is above the UK designated trivial amount of £1,000. There's no tax due so why not do it properly?

@imsavedbyjesus It's a trade (not disposal of assets) over £1k revenue, he does.

@landonnate Yes.