Thread: spread betting
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Old 27-09-2009, 14:12
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Trading Gurus Trading Gurus is offline
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Join Date: Sep 2009
Location: South West England
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Essentially it's just the label on the tin. The same firm can, and often does, offer both. Call it betting and it's tax free. Call it forex, and if you're fortunate enough to be able to make a profit you pay tax on it. Mind you, if you make a loss it reduces your tax!

The sums are done slightly differently, but the main difference is in the packaging.

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