George Mcall
Corporal
- Messages
- 89
I have just had deducted from my account moneys representing 'International Withholding Tax'. It represents about 10% of the balance.
To quote FXCM 'Trade Forex, Metals, Oil, and Stock Indices tax-free* with FXCM LTD. by opening a Spread Betting account. Spread Betting accounts operate exactly like standard FXCM LTD. accounts, but enjoy special tax-free status in the UK and Ireland. The minimum to open a live account is £50. Only available to residents of the UK and the Republic of Ireland.'
I am a UK registered tax payer and entitled to enjoy the special tax-free status.
Is anyone else being inflicted by this problem or have I been selected for individual treatment.
ACM who have been acquired by Swissquote are a leading broker and one of the early ones.
To quote FXCM 'Trade Forex, Metals, Oil, and Stock Indices tax-free* with FXCM LTD. by opening a Spread Betting account. Spread Betting accounts operate exactly like standard FXCM LTD. accounts, but enjoy special tax-free status in the UK and Ireland. The minimum to open a live account is £50. Only available to residents of the UK and the Republic of Ireland.'
I am a UK registered tax payer and entitled to enjoy the special tax-free status.
Is anyone else being inflicted by this problem or have I been selected for individual treatment.
ACM who have been acquired by Swissquote are a leading broker and one of the early ones.