Hi there!
I'm a nursing student looking to try and build up some extra cash for the future (and now if I get good at it I guess). I'm currently on my second degree, which means once I qualify I will be in over £100k worth of student debt. I love nursing however nobody can pretend that the hours are great, and I've been injured by patients and the shifts enough to know I don't want to be doing this when I'm 60 like some nurses do.
I'm currently looking up and researching about investing but I'm confused about how tax works. I'm a UK citizen and I assume it will all be taxed if I sell anything and make a profit. Right now given I'm a full-time student I don't pay any tax as I don't earn enough. When I worked and did have to pay tax it was all done automatically. I've never had to actually deal with tax myself, so I'm oblivious if I need to do something. Does it change if I buy stocks in another country?
I would appreciate any help understanding this because the last thing I want to do is be in trouble with the tax man. I much prefer it when they need to pay ME money!
Thanks in advance!
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