Are CFDs taxable in the UK?

Investors trading contracts for difference in the UK are not exempt from capital gains tax Capital Gains Tax is a tax on the profit when you sell an asset that has increased in value. Capital Gain Taxes are paid on the sum of gains above an annual tax-free allowance. basic rate Income Tax The Tax […]

Fed’s monetary policy report: The economy is improving, and the gradual rate hike is still the main issue

on Friday (July 13), the Fed disclosed a semi-annual monetary policy report submitted to Congress. The report is generally optimistic. The report said that the US economic growth was strong in the first half of this year, and the Fed is expected to continue to raise interest rates gradually . Due to the expected wording […]

BIS general manager worries about a “Systemic Threat” Of Bitcoin

, BIS general manager worries about a “Systemic Threat” Of Bitcoin, Prompts “Pre-emptive regulation” From Law enforcement “If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat… ” The general manager of the Bank for International Settlements (BIS) has pummeled bitcoin as a “combination of […]