Is spread betting tax-free in the UK?
Spread betting is tax-free in both the UK and Ireland*, which means that if you are situated in either of these locations, you will not have to pay extra charges. However, tax treatment depends on individual circumstances and tax laws are subject to change.
Spread betting is tax-exempt in the UK and Ireland, so no stamp duty or capital gains tax is required to be paid or reported to the HMRC on profits made. Spread betting is considered a speculative bet instead of an investment, and so it is treated in the same regard as a gambling activity.
Please note that spread betting isn’t available outside the UK or Ireland. If you are looking for a more suitable product, then we also offer contracts for difference (CFDs), which are available globally. Read more about trading CFDs with us.