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Old 09-14-2005, 10:47 AM
gambool gambool is offline
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Join Date: Mar 2005
Location: Work :-(
Posts: 74
Default Re: Another tax question! (For UK players)

[ QUOTE ]
Not sure where the not unless its your main income has come from.

[/ QUOTE ]

Come to think of it, im not sure where it comes from either. I've just heard it stated many times on the Internet, and the Internet never lies. The reason I asked is that logic tells me that if you are earning a regular sizable income from gambling, the taxman may want his cut. I've also heard of certain pro players 'officially' running a business to avoid any tax issues.

Some pages of interest i've come across, though nothing that convinces me 100%:

RGP thread
The Hendon Mob - Poker And The Taxman
Taxation web forum discussion
HM Revenue & Customs
Another RGP thread
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