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Business Spread Betting


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Hi,

I have been spread betting for just over a year and have made good gains, approximately 25%.

I understand the gains are tax-free.

I wanted to know if I can use this as a business. If so, are the gains then taxable.

How are they listed in the P&L accounts?

I'm not sure if I am clear enough.

Kind Regards,

ProblemSolver - With a problem

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5 hours ago, problemsolver said:

Hi,

I have been spread betting for just over a year and have made good gains, approximately 25%.

I understand the gains are tax-free.

I wanted to know if I can use this as a business. If so, are the gains then taxable.

How are they listed in the P&L accounts?

I'm not sure if I am clear enough.

Kind Regards,

ProblemSolver - With a problem

Hi @problemsolver,

IG does offer corporate accounts to trade as a company. Please reach out to newaccountenquiries.uk@ig.com . The team will be happy to have a chat with your on the differences with a retail account. 

All the best - Arvin

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