Been searching and reading through other posts in regards to tax implications of CFD trading.
For my question I will be taking the stance that I will be paying income tax on any profits made.
What could you use as deductions for CFD trading? Some I have thought of so far:
- Phone bill
- Internet Bill
- New computer
- One I am not sure about is; rent for room in a house or something along those lines?
Any other big ones?