Recent content by thegangstareturns

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    Offsetting Losses

    If you make £100 on futures trading then hedge your trade using a spreadbet. The futures trades goes to zero and the spreadbet goes to 100. Do you pay taxes at the end of the year?
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    Can you lower your taxes this way?

    Isn't the above method an easy way to offset tax liability at the end of the year? Saves having to setup a limited company and paying dividends. You could in affect offset all futures trading "losses" by taking a spreadbet "hedge" which happens to reduce your tax liability to zero?
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