Do I need to hire accountant on an ongoing basis for my simple case?

[code46]

No she isn't. For legal purposes you have to be married or civil partnership. It doesn't matter what you consider it as.

No, she isn't. I understand that. I was just answering the raised question on what if our relation split.

Listen... nearly every response you have given has ended with a question. This is exactly why you need a accountant. Enough asking questions from people who don't know your situation and to be honest don't really care. Go get some professional advice. Speak to the Umbrellas and ring a couple of the accountants that post here and ask them. You are just getting yourself confused and getting no where here.

You made your point very clear. If I now decide to back to the umbrella company road, I might not need to talk to any accountant at all. The client company has a umbrella company they trust and always suggest to use. I'd happy to go with whoever the client is happy with, as I don't think the umbrellas make great differences if go this route.

[code46]

But it also has exceptions..

BIM22020 - Meaning of trade: exceptions and alternatives: betting and gambling - spread betting

Yes, I'm aware of the exception and most long term spread bettor do. Both you and TheCyclingProgrammer mentioned that in your post. Admittedly, if there is no ambiguity at all, there won't be any discussion/debates on the trading forums at all.

I appreciate your input on this thread, many thanks!

[Scruff]

Sockie 🔔🔔🔔