mookie, regarding the tax side I guess it depends if you are classed as a trader by the tax office. If so and they take your CFD profits as taxable income I would imagine interest costs would be an allowable deduction.
Best check first with your accountant to make sure you are classed as a trader.
I'm no expert but even if you hold CFDs for longer than 12 months I would imagine any profits would be regarded as current income, not capital gains. Once again, your accountant would know best.
mookie, regarding the tax side I guess it depends if you are...
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