millionaire on the doll?

[pelzar]

Is there any law saying that somebody who derives their income through spreadbetting and therefore does not have a job could not sign on?

 

[Trader333]

Yes as benefits are means tested. You may not pay tax on the profit but you cannot claim benefits stating that you have no source of income. The idea that tax payers should pay for an additional income when one is already there is greed beyond belief.


Paul

 

[searchlight]

Is there any law saying that somebody who derives their income through spreadbetting and therefore does not have a job could not sign on?

Leaving the ethics a side, I think you can register as an unemployed and benefit from the some programs run for the unemployed people. Like learning new skill for free (free for you, paid by the tax payer.) You can't claim any financial help because it is means tested.

searchlight

 

[shadowninja]

Why would you want to claim £20 a week if you're raking in millions? You do realise you'll have to park your Lamborghini outside the job centre and the petrol costs and parking costs would likely exceed the £20 you receive.

 

[Mr. Charts]

"millionaire on the doll? "

What's Barbie got to do with it?

Fred (I need my daily bread) Goodwin doesn't have a job at the moment AFAIK; can he sign on?
If so, I'm sure he will.
Richard

 

[Mr. Charts]

Wow ! Fred ( I need head) Goodwin could buy loads of these:

 

[Crap Buddist]

Did you know, in Italy, they do not have any state support for people who have lost their jobs etc?

I was shocked by that and am duly notifying "Professional Dolie Weekly" to mark that region as a BIG FAT AVOID !

 

[arabianights]

Yes as benefits are means tested. You may not pay tax on the profit but you cannot claim benefits stating that you have no source of income. The idea that tax payers should pay for an additional income when one is already there is greed beyond belief.


Paul

Don't hate the player, hate the game :clap:

 

[foredog]

Is there any law saying that somebody who derives their income through spreadbetting and therefore does not have a job could not sign on?

If you are deriving your sole INCOME from trading then in the eyes of the tax man that is your job/income so is liable for income tax but not CGT so therefore you couldn't claim as you have a source of income.

 

[Black Swan]

If you are deriving your sole INCOME from trading then in the eyes of the tax man that is your job/income so is liable for income tax but not CGT so therefore you couldn't claim as you have a source of income.

This subject has been done to death on various forums and if you are only SPREADBETTING then your tax avoidance methods are many and various...

 

[Technically Fundamental]

Spreadbetting is classed as gambling. All winnings are exept from all taxes...Even lottery.

 

[N Rothschild]

you really would have no morals to do that. and whats the point anyway

 

[forker]

now i have heard it all... you have got to be joking....

 

[Trader333]

Richard,

Fred (I need my daily bread) Goodwin doesn't have a job at the moment AFAIK; can he sign on?

As he has officially "Retired" then he is not permitted to sign on as well but I agree that he probably would if he was allowed to.


Paul

 

[neil]

On the DOLL

Is there any law saying that somebody who derives their income through spreadbetting and therefore does not have a job could not sign on?

Millionaire on the DOLL (Peltzar - the doll in question -is it the inflateable sort ?)

 

[Mr. Charts]

Paul,
I know, I was attempting to be facetious
Richard

 

[Mr. Charts]

neil,
See posts #5 & #6
I'm just not making myself clear on this thread
Richard

 

[Mr. Charts]

Must be my advancing years.

 

[neil]

Smut

Must be my advancing years.

Sorry Richard - I hadn't looked at the other posts. The title caught my eye and I simply responded in a suitably smutty manner:whistling

 

[brutusdog]

Is there any law saying that somebody who derives their income through spreadbetting and therefore does not have a job could not sign on?

where there's a will there's a way, just ask spanish...