Poker taxes in England

  • 23 replies
    • adasko99
      adasko99
      Silver
      Joined: 13.02.2011 Posts: 1,902
      Hi Chob
      In the whole of the United Kingdom, there is no tax on gambling whatsoever.
      Poker/Black Jack/Roulette/Bingo/National Lottery/Sports Betting etc. , whether live or online - are completely tax free.
      There is similar situation in my home country Poland, so i feel sorry for you guys in France :( Hopefully this will get sorted out in most countries in the world sooner or later...
    • Saren113
      Saren113
      Bronze
      Joined: 06.03.2009 Posts: 2,867
      In Sweden you only have to pay taxes on poker to Full tilt and bodog network. As they dosen't got their license in europe.
    • breena
      breena
      Bronze
      Joined: 14.09.2010 Posts: 412
      Dont go to England just travel instead hit SE Asia or South America and have tons of fun doing it.

      Im English and spent all this year grinding in SE Asia never paid tax on winnings in my life
    • MatejM47
      MatejM47
      Black
      Joined: 21.01.2010 Posts: 1,193
      Yep no taxes in England and definitely a cool place to live even tho you will be spending 50-60% more then in lets say Malta which is also tax free and seems to be a popular destination for poker players that prefer to stay in Europe. You should go check the travel forum over at 2+2 and afaik Malta has a dedicated thread, not sure about England tho.
    • UPAY4DINNER
      UPAY4DINNER
      Bronze
      Joined: 27.09.2009 Posts: 21,926
      Hey Chob,

      Welcome to the English Community :)

      Thank you guys for all the answers and help here.

      Please note that I've moved this post to a more relevant board. This is not a topic that is relevant to our General Poker Discussion.



      Kind regards,
      Gary
    • GraemeDR
      GraemeDR
      Bronze
      Joined: 19.01.2011 Posts: 156
      We pay no tax on any "gambling" winnings at all in Britain. This obviously includes online poker. However we do pay tax on everything we buy so it probably works itself out.
    • ExternalUseOnly
      ExternalUseOnly
      Bronze
      Joined: 30.01.2010 Posts: 3,373
      Hey Chob

      Yeah as said we pay zero tax on poker in England but we get taxed to the eyeballs on everything else (even sausage rolls :facepalm: ) Also as said it is a pretty expensive place to live, I live in one of the poorer parts of the country and am still amazed by how cheap the rest of the world is.

      Plus i always find England is quite boring to look at nothing has any character everything looks the same compared with other cities/countries in the world

      I'm not trying to put you off by the way :D
    • Boomer2k10
      Boomer2k10
      Bronze
      Joined: 22.09.2010 Posts: 2,551
      Originally posted by GraemeDR
      We pay no tax on any "gambling" winnings at all in Britain. This obviously includes online poker. However we do pay tax on everything we buy so it probably works itself out.
      Indeed, for example (As pointed out on Top Gear) if you earn a living and pay tax and spend some of what's left on a car, and you pay Value Added Tax on it, and then some Road Fund License Tax to put the car on the road. You then pay Fuel Duty Tax to put Petrol in it, and Value Added Tax on your Fuel Duty Tax.

      And even better if you live in London you also get to pay £8 (€10) a day TAX to drive around the congestion zone.

      But on the plus side, gambling's free :)

      Also Internet's Crap unless you live in a metropolian area with Fibre, I'm still on a 8/0.4 connection :(
    • Chob
      Chob
      Black
      Joined: 03.02.2007 Posts: 1,528
      .
    • GraemeDR
      GraemeDR
      Bronze
      Joined: 19.01.2011 Posts: 156
      The taxes mentioned above are included in the prices you see advertised everywhere in shops etc in Britain. 20% VAT is included in everything already, and so is extra taxes on things like petrol, alcohol etc which have extra "duty" attached. Basically you don't notice it as tax, but might think that things are a little expensive in Britain. If you're used to 20% tax on purchases in general though, you won't really notice that. From what you've said I don't think you'll notice it much at all apart from maybe thinking "wow, keeping and driving a car is expensive here!"

      I've never heard anything about the gambling tax rules changing in the future. I've never seen it discussed in parliament or raised as an issue for discussion, so I can't see it changing.

      Gambling is completely legal, both online and live. There is a casino in any major city, there are many casinos in quite a lot of cities. In London, Manchester, Newcastle, Nottingham you can find cash games and tournaments every night of the week. (just to name ones to my knowledge where this is true).

      Many well known poker players have become residents of the UK before and since black Friday for these reasons.
    • ExternalUseOnly
      ExternalUseOnly
      Bronze
      Joined: 30.01.2010 Posts: 3,373
      Yeah all the taxes are added to the price when you buy a product so no worries there

      As for the average income it really does depend where you live. Where i live you can get by on 14k a year obv this doesnt leave any room for partying but you can survive. You can live like a king on 25-30k but if you want to live in central london chances are you will need a lot more not sure about exact numbers though
    • holmeboy
      holmeboy
      Bronze
      Joined: 29.01.2010 Posts: 1,336
      Originally posted by ExternalUseOnly
      Yeah all the taxes are added to the price when you buy a product so no worries there

      As for the average income it really does depend where you live. Where i live you can get by on 14k a year obv this doesnt leave any room for partying but you can survive. You can live like a king on 25-30k but if you want to live in central london chances are you will need a lot more not sure about exact numbers though
      I plan on moving to central (or close to it) next summer and places I've been looking at are ~£1-1.5k month to rent. So I reckon you can get by on £25-30k but wouldn't really recommend it if your making <£40k
    • ExternalUseOnly
      ExternalUseOnly
      Bronze
      Joined: 30.01.2010 Posts: 3,373
      yeah london is super expensive to me anyway. What do you get for that 1.5k per month? Up here (yorkshire) for 1.5k a month you can get a 7/8 bedroom country mansion but of course the style of life is a lot slower
    • Chob
      Chob
      Black
      Joined: 03.02.2007 Posts: 1,528
      .
    • Spungeh
      Spungeh
      Bronze
      Joined: 29.06.2011 Posts: 1,212
      England is awesome, Ireland probably has some kind of taxing, but no idea.

      Isildur1 is in England ;) We all go party.
    • holmeboy
      holmeboy
      Bronze
      Joined: 29.01.2010 Posts: 1,336
      Originally posted by ExternalUseOnly
      yeah london is super expensive to me anyway. What do you get for that 1.5k per month? Up here (yorkshire) for 1.5k a month you can get a 7/8 bedroom country mansion but of course the style of life is a lot slower
      A one bedroom apartment lol. Can get cheaper ones but I'm looking at places in Kensington and I don't want to live in a box.

      Ireland is the same as England
    • Yoghi
      Yoghi
      Black
      Joined: 10.09.2007 Posts: 14,387
      As others said you don't need to pay any taxes or have anything to do with paying tax (unless you invest etc).

      Central London (Zone 1) is super expensive but it's also 1 of the better places to live if you like to live in a big city.
    • vuciitis
      vuciitis
      Bronze
      Joined: 19.02.2011 Posts: 1,314
      HI

      Im from Latvia and i can say that noone gives a shit here were do u play, and most likely u will be free of extra taxes if u do it carefully (smart). If u keep your money in some offshore account or skrill or watever and cash out just for everyday expenses, noone will take any action against you. If u want to buy a new car every year or splash with the money around and max out your cards at local ATMs or so, in worst case scenario they will ask u to declare your yearly income, and the funniest thing is you tell them the amount you want, just so it covers your "visible expenses". And from this amount u declared u have to pay to our goverment 25% tax. :)

      Our country is so slow on taking some action in worldly campaigns against somthing (online poker in this case) that it will take years to apply some restrictions even if the rest of the world would do that :D

      Besides that, we got the most beautiful girls in the world here! The nature is pretty nice and we still have some animals and birds alive which havent died from cemicals like in most of europe. Average prieces for rent here are low too. And average income here are so low that i strongly consider going pro in 2013 by playing MICRO stakes and i will still live better than from the salary from a day job :f_cool:

      Feel free moving here, you will have no regrets!
    • UPAY4DINNER
      UPAY4DINNER
      Bronze
      Joined: 27.09.2009 Posts: 21,926
      Originally posted by Spungeh
      England is awesome, Ireland probably has some kind of taxing, but no idea.

      Isildur1 is in England ;) We all go party.
      LOL,

      No taxing in Ireland. Although in the next budget it would not surprise me if they taxed the air that we breathe ;) The weather is miserable here, it literally rains 300 days a year .

      Depending on where you live housing can be quite expensive. Dublin would be the most expensive place to live. As well as that, Ireland is quite an expensive country to live in generally.

      It would be a lovely country if we could put a roof on it to keep the rain away ;)
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