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For individuals in the UK, spread betting winnings are not taxable, and they don’t create chargeable gains for Capital Gains Tax purposes. HMRC treats spread betting as betting rather than conventional investing or trading in the underlying asset. There also isn’t an ISA-style £20,000 annual contribution allowance, so you’re not restricted by that same yearly cap. That’s one of the reasons why learning about swing trading completely changed the way i looked at creating another stream of income. There is still a lot more to it than simply opening an account like the strategy, risk management and emotional regulation. Are you interested to start trading and investing? Message “MASTERCLASS” to join our next free training event! #trading #taxfree #investing #financialfreedom #tradingtips
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