income tax

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tcummo

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  • #1
hi all
if you have a big win (in the UK) are you liable for income tax.
if so what is the freshhold before you are liable.
any info on the tax situation appreciated
as i intend to win a few million dollars :D
 
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RamdeeBen

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  • #2
tcummo said:
hi all
if you have a big win (in the UK) are you liable for income tax.
if so what is the freshhold before you are liable.
any info on the tax situation appreciated
as i intend to win a few million dollars :D

You don't pay any taxes on any gambling in the UK..
 
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tcummo

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  • #3
really ?
ok thanks m8
oops 'freshhold'
meant 'thresh'
 
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