Regarding tax on trading in share

This discussion clarifies how trading profits are taxed in the UK. It explains that equity delivery gains are treated as capital gains (15% short-term, 10% long-term over £100k). Intraday trading and Futures & Options are considered speculative or normal business income, taxed at your individual slab rate. Short-term equity delivery trades are taxed at a special 15% rate under Section 111A, regardless of your overall income.