Reply To: Spread betting – what do I need to know?

#187672
Christian Harris
Participant

    It’s worth noting that while spread betting is free from both Stamp Duty and Capital Gains Tax (CGT) in the UK, HMRC might consider your profits taxable if you trade full-time for a living.

    You should consult a good accountant with experience handling traders’ accounts to avoid falling foul of tax laws.