How to treat dividends in CFDs for tax

Hi All,



I am a small investor hence I cannot claim capital losses against my regular (job) income; I can only use them to offset against other capital gains.



Let's say you go short a CFD and then have to "pay" the dividend on ex-div. Once the position is closed, would this payment form part of the capital movement of the CFD? Or would you treat it the same as interest on a margin loan?



thanks,



Uke.