Hello,
I am looking for detailed information about best options to set up my trading. I know that spread betting is tax-free as all gambling, but as far as my research shows - that is only true if it is not your main income. In my case it is my main and only income. At the moment trading as an individual, but am looking forward to talk personally to an accountant who knows how to set up in a best possible way if the broker is in the UK, or not, make it LTD company or register as sole trader, how exactly each moving of the capital to and from the trading account will be registered and if it is a company best way of getting the money out... I am based in London, hope to talk to an experienced in this industry accountant.
Thank you
I am looking for detailed information about best options to set up my trading. I know that spread betting is tax-free as all gambling, but as far as my research shows - that is only true if it is not your main income. In my case it is my main and only income. At the moment trading as an individual, but am looking forward to talk personally to an accountant who knows how to set up in a best possible way if the broker is in the UK, or not, make it LTD company or register as sole trader, how exactly each moving of the capital to and from the trading account will be registered and if it is a company best way of getting the money out... I am based in London, hope to talk to an experienced in this industry accountant.
Thank you
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