Sponsored by Pepperstone

UK traders — this one’s for you.

Is spread betting truly tax-free? What if it’s your only income? What if you’re making serious money from it?

In this episode, I break down the latest 2025 HMRC updates on spread betting and taxation, including some surprising clarifications buried in their official guidance.

You’ll discover:

• Why spread bets are treated differently from CFDs and futures
• The myth of “if it’s your main income, you’ll be taxed”
• What HMRC now says about professional gamblers
• Why UK traders might have the best deal in the world (for now)

Plus: A full blog post with links to the official guidance is available at TradersMastermind.com