Posts Tagged etxcapital

The Future of Spreadbetting

The Future of Spreadbetting

Spreadbetting has been in the UK for over 10 years now. In a nutshell, it is tax-free financial trading, in other words you do not have to pay any tax on your profits. Gambling as a whole in the UK is tax free... this means that spreadbetting is classified the same as the casino. There is also a fine line in trading whether it's gambling or not. I think for the majority of people it could be classified as gambling as they don't actually have a plan and don't really know what they are doing. T

March 25, 2012 1 Comment Full Story