CFD , Account

[ste777]

Hi I am new on here and self learning , can anyone tell me if I hold CFD positions  in stocks , do I get dividends if the stock pays one. ?

[HeOfMuchDisgrunt]

Yes you do (and deducted if you are short)..

However, be aware that for tax purposes it is a capital addition or subtraction to your account not part of your annual dividend income allowance,  but the interest costs and any daily carry charges can be off-set against profits - if you closed all your positions before the.end of the tax-year then replaced them with differently-dated contracts or went on holiday for a month your gains (or claimable losses) would just be your ending cash balance minus your starting balance, provided you haven't written any options expiring in the next tax-year, which would complicate things a bit..