New Posts For Thread: Simple tax question for non-uk users....https://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-usersI heard that uk users dont have to pay taxes if they win here.But for oversea customers maybe it's different.Somebody has never asked to some specialist (not every businnes consultant has the answer) IF they have to pay any tax as a part of the profiPC charge 20%Gord and his mates will think, hang on. They are taxing winners, why can´t we!!Biggest shot in the foot I have ever seen.FBOT´s and Exchanges to be hit in the the next budget.I can remember 9% on bets placed, mind you. You had the choihttps://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419157082#419157082PC charge 20%Gord and his mates will think, hang on. They are taxing winners, why can´t we!!Biggest shot in the foot I have ever seen.FBOT´s and Exchanges to be hit in the the next budget.I can remember 9% on bets placed, mind you. You had the choiThu, 26 Nov 2009 11:27:18 -0600I appreciate that but, if that were the rules, then every losing gambler could then claim to be an accredited business and offset the losses from say any other self employed or profit making business. Even off setting losses from your "accredited bhttps://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419157074#419157074I appreciate that but, if that were the rules, then every losing gambler could then claim to be an accredited business and offset the losses from say any other self employed or profit making business. Even off setting losses from your "accredited bThu, 26 Nov 2009 11:17:37 -0600"If they tax the profit, then surely they would be obliged to off set the losses. In the uk that would go back 6 years. Lots of tax refunds would have to be paid out to the losers."You can back claim for losses only if you are an accredited business.https://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419157066#419157066"If they tax the profit, then surely they would be obliged to off set the losses. In the uk that would go back 6 years. Lots of tax refunds would have to be paid out to the losers."You can back claim for losses only if you are an accredited business.Thu, 26 Nov 2009 11:09:43 -0600If they tax the profit, then surely they would be obliged to off set the losses. In the uk that would go back 6 years. Lots of tax refunds would have to be paid out to the losers.https://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419157038#419157038If they tax the profit, then surely they would be obliged to off set the losses. In the uk that would go back 6 years. Lots of tax refunds would have to be paid out to the losers.Thu, 26 Nov 2009 10:45:16 -0600italybut i know, if u dont tell etc etc its far possible to have any troublein any case, bank manager could ask from where the money came...https://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419156970#419156970italybut i know, if u dont tell etc etc its far possible to have any troublein any case, bank manager could ask from where the money came...Thu, 26 Nov 2009 05:44:17 -0600In NZ it a grey area , however they are probably too occupied trying to catch out the ebay brigade to be bothered with a few gamblers.gambling and tradinghttps://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419156950#419156950In NZ it a grey area , however they are probably too occupied trying to catch out the ebay brigade to be bothered with a few gamblers.gambling and tradingWed, 25 Nov 2009 18:39:19 -0600could still get you in trouble if you don`t tell them and just pay out to your usual banc account. Taxing authorities check bank accounts for irregularities at least here in Germany. Not even the tax experts know for sure if there is taxes to pay ifhttps://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419156946#419156946could still get you in trouble if you don`t tell them and just pay out to your usual banc account. Taxing authorities check bank accounts for irregularities at least here in Germany. Not even the tax experts know for sure if there is taxes to pay ifWed, 25 Nov 2009 18:22:41 -0600if you don't tell themyou don't payso don't tell themhttps://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419156942#419156942if you don't tell themyou don't payso don't tell themWed, 25 Nov 2009 17:31:55 -0600I suggest you check with your local government/tax authority. What country are you asking about specifically?https://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419156938#419156938I suggest you check with your local government/tax authority. What country are you asking about specifically?Wed, 25 Nov 2009 17:01:02 -0600I heard that uk users dont have to pay taxes if they win here.But for oversea customers maybe it's different.Somebody has never asked to some specialist (not every businnes consultant has the answer) IF they have to pay any tax as a part of the profihttps://community.betfair.com/general_betting/go/thread/view/94082/23469446/simple-tax-question-for-non-uk-users?post_id=419156934#419156934I heard that uk users dont have to pay taxes if they win here.But for oversea customers maybe it's different.Somebody has never asked to some specialist (not every businnes consultant has the answer) IF they have to pay any tax as a part of the profiWed, 25 Nov 2009 16:26:12 -0600