P PJBarker1 Newbie Messages 2 Likes 0 May 13, 2009 #1 Is it correct that CFD losses cannot be offset against income tax, ie, that there is no income tax relief, only capital gains tax relief on future profits ?
Is it correct that CFD losses cannot be offset against income tax, ie, that there is no income tax relief, only capital gains tax relief on future profits ?
Trader333 Moderator Messages 8,753 Likes 1,026 May 13, 2009 #2 Correct, trading CFDs is not classed as income in the traditional sense and are classed as capital gains or losses. Paul
Correct, trading CFDs is not classed as income in the traditional sense and are classed as capital gains or losses. Paul
P PJBarker1 Newbie Messages 2 Likes 0 May 13, 2009 #3 Thank you Paul. Not the answer I wanted, but the one I expected ! Peter
