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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
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Business Spread Betting
in General Trading Strategy Discussion
Posted
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