Spread betting forex uk tax. A: With the advent of the internet, many bookies set up offshore offices so that they did not have to pay UK taxes, and also the punter did not have to pay a 9% tax upfront on the bets they made, and the government was losing a lot of tax on the profits of the bookmakers. So in about - I believe, tax on winnings was.

Spread betting forex uk tax

? How Currency Traders Can Slash Their Taxes Big Time! - Forex Trading Uk Tax Implications

Spread betting forex uk tax. Is financial spread betting (be it derivatives, forex trading, whatever) gambling (hence not subject to tax), trading (hence subject to income tax) or investing Are you sure your spread bets are tax free? The general assumption is that financial spread betting is tax free here in the UK (at least under the current tax laws).

Spread betting forex uk tax


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