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BASA

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Everything posted by BASA

  1. Thanks Fletch, I had done some reading after I posted so basically, I gather, any profit from up to 20k investment is non taxable at all,
  2. So to summarise throughout the year I can put up into 20K nvestment into the account, by taking money out, putting money back in etc but I am only paying tax on anything over 12.5K ?
  3. Thank you so much, I understand now,
  4. Sorry for my naivity can you explain "offset losses against tax liability?
  5. So it would be subject to the same charges and commissions as a share trading account, but the profits from this are Not taxable, is this correct? Also like standard bank isas any funds within the account are not subject to being locked in the account for a period of time? is this correct, many thanks
  6. Thank you for this information much appreciated
  7. Hi, I have been reading all the relevant information on SB vs CFD but I legitimately can’t see any reason why a CFD is more beneficial than spread betting, for example a chap on here traded 2 CFDs closed both for 000.1 profit but expended £40 on commission to place the trades, I would just like to know if anyone can provide a few tangible benefits of using CFDs as opposed to spread betting. thanks
  8. Hello, could someone point me in the direction of where I can find a pros and cons of IG Share Trading vs Share ISA just trying to figure out the best fit for me. thanks
  9. Hello, probably a obvious question but I am a newbee, I was just wondering why the massive the difference in margin requirements between CFD and spead betting?
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