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Are Online Bingo Sites Winnings Chargeable?

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olivia lewis
Are Online Bingo Sites Winnings Chargeable?

This has stood the case since back in 2001, when the 9% tax on betting winnings was fought and the government instead forced the gaming companies themselves to pay tax. Nowadays, all gaming companies, including online bingo sites UK, pay a tax of 15% on the money they get, and this tax is very rewarding for the UK government, as it gets them billions of pounds every year.

 

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olivia lewis
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