Recent content by jengo

Many thanks to all who have taken the time to reply to my original question - cheers guys! In the meantime, I've been digging around on the hmrc site and have found what I consider categorical proof from the horse's mouth so to speak, that spread betting in any form as a private individual for...

I registered with the Inland Revenue as a Self-Employed Day Trader in April last year. I trade shares, CFD's and spread bets. Can anyone please advise me whether I need to declare profits from my spread bet trading as taxable income. I understand it is considered as "gambling" and as such it...