Contracts for difference

Has anyone managed to convince themselves that a CFD only trader can be operating a trade for Income Tax purposes rather than falling within CGT?

For example, if he sets himself up as an 'independent trader' renting out an office, paying for access to data, etc.

 

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tax expenses/claims

luckystrike |

CFDs

Ronnie Stanley |
Ronnie Stanley's picture

yes, that's strange

luckystrike |

You will have to pay tax on your CFD trading - you can read abou

Icmarkets |