Recent content by lautbry

  1. L

    UK Taxation - Margin account

    There would be no issue for CFD. The issue is stocks as stocks are subject to 3 kinds of taxation: - CGT - income tax with rebate on dividend, - income tax on the interest rate earned if the stock is borrowd and short sale. What about loss on interest and dividend charge due to short selling ?
  2. L

    UK Taxation - Margin account

    If you have a margin account and trace normal stock only: - You pay income tax on dividend (40 % - deduction) and interest (40 %) and capital gain tax on capital gain (28 %). You have some interest charge due to margin financing as well as some dividend paid charge due to short selling: -...
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