Hi all ,
Been trading for the last 7 years but decided to switch to spread betting as seems to have a more preferred tax treatment. I wanted to ask if all instruments in the spread betting IG account are classed as spread bets. I personally don't want to trade any CFD by mistake. Just wanted to know if I select the IG spead betting account I am covered from a tax perspective as a retail trader and can trade anything offered there from share to commodities and FX.
I know the question may be silly .I just can't figure out what is classified as spread bet from a tax perspective.
Appreciate any help with this,