Why the tax-free element of
Spread Betting is here to stay
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Last update : November 2011
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| No I think it would be highly unlikely because although customer profits are tax-free the business as a whole is a major taxpayer.
Think of all the corporation tax paid, the tax on the workers salaries and then their net wages filtering through the economy.
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| That probably amounts to tens of millions of pounds worth of tax receipts every year. The Spread Betting industry I would think is a good client of the taxman. |
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WARNING! - Spread Bet Broker Advice
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There are good spread bet brokers and there are bad ones.
Having a good broker won't guarantee you profits but a bad broker will probably lead to losses as a combination of their gamesmanship and suspect software takes its financial toll.
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So who do I recommend?
Simple, the 2 brokers I personally use for my own spread betting (and I've used them for years) -
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FREE Report : How to Learn Spread Betting and Prosper
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How to build the all-important trading experience
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Where to get trading help and advice
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Which broker to use and why
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Simple 2 month training plan to follow
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Download the FREE report |
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