Recent content by CatTrader

For me spreadbetting = spread + betting. Spread = the price you pay for your stake. Your contribution to the jackpot Betting = casinos, fruit machines , etc ....so that means that the spreadbetter expect to pay a % of their jackpot to the customer while they keep the rest for themselves as a...

Just one point. If you made your life out of spreadbetting, the inland revenue can tell you that if this is your main income you have to trade thru a business and therefore you will be liable to pay taxes. But obviously, ask to an expert. It's always to be in the system and to operate thru a...

Does anybody know any accountant in Manchester ?

The taxman will think that you are avoiding taxation in your own country. If they discover you, you can get into problems. The only way that you can justify to set up a company offshore is if your main trading activity is focused to international clients. In this case I imagine that if you would...