Spread betting tax free australia

A: The simple answer is yes. Spread betters escape the 18 per cent capital gains tax that shareholders must pay on trading profits (capital gains amounts to. You must pay betting tax once your WA taxable betting revenue exceeds the threshold of $, per assessment year. Betting tax is calculated at 15% on taxable. In addition to higher risks involved with high leverage the other main downside is tax. As you are probably aware spread betting in the UK is free from income. BETTING LINE OLE MISS VS ALABAMA

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TAX EVASIVE... SPREAD BETTING

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