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Old 26-06-2007, 20:01   #4 (permalink)
popoola
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Re: UK investors and their tax problem

Spread betting is a method of investing in the uk. at the moment its profits are tax free because it is considered betting like poker wins. However the price of the best of the spreadbetting firms closely mirror what is out there in the real world and spreads are similar. It is a great way to trade and it comes into its own if you are profitable. Even if you make billions you can decide to count it in front of the inland revenue office. They cant touch you. Google it and see where it takes you
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