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**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. It should be noted that conversely the losses that you may incur by way of financial spread betting can’t be offset against tax liabilities. Please note that spread betting, as contracts for differences, is legally enforceable as contracts within the UK. Unlike traditional fixed odds bets, spread betting trades are not simply “gentlemen’s agreements.

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