iBet
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iBet Details
iBet - a Tax Free futureiBet allows for flexibility regarding choice of high speed platforms with which to place spread bets as the service is compatible with most industry-standard software platforms. The wide choice of platforms allows traders a variety of ways in which to place orders, from simple point and click, to auto-spreaders and even fully automated systems.iBet will allow people to trade efficiently in a beneficial tax environment with the speed and execution needed to operate in today's fast moving markets.iBet provides traders with price transparency as it references underlying futures markets and charges a commission per lot instead of adding a ‘spread' around the actual quote. DisclaimerIn the UK, profits generated from spread betting are free from capital gains tax and there is no stamp duty. However tax laws can change and all individuals and higher rate tax payers should seek independent advice regarding their tax affairs. Individuals aren't able to offset any losses against capital gains.Risk WarningSpread betting is a leveraged product and carries a high level of risk. It is possible to lose more than your initial investment rapidly. The material contained within this communication is directed exclusively at professional traders; moreover any investment services to which the material may related will only be made available to professional traders. UK Tax laws may be subject to change, may depend on personal circumstances and can differ if you pay tax in any jurisdiction outside of the UK. It is therefore advisable to seek independent tax advice. iBet is a trading name of The Kyte Group Limited which is authorised and regulated by The Financial Services Authority under FSA Register No. 114120, registered in England and Wales under Companies' House Register No. 01810354 with registered address: Business Design Centre, 52 Upper Street, London N1 0QH, VAT registration number GB849020040.
