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moneyball

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Posts posted by moneyball

  1. Hi, Im new into trading so I'm wondering tax implications for different types of trades. I had a look at the guides/help docs but I wanted to double-check with the community and confirm below:

    -Spread bet: On IG it says this is tax-free. This is great but anyone know why spread bets are listed as tax-free? is it due to risk of losing a higher amount?

    -CFD: This is taxed. 

    -Share dealing: This is also taxed unless protected by an ISA?

    It will be great if someone can share knowledge/experience and confirm if above rings true.

    Thanks!

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