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| MTT Community MTT sweat and official threads as well as various contests and events |
02-07-2012, 11:42 PM
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#46
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veteran
Join Date: May 2010
Location: making things happen
Posts: 2,750
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Re: UK gambling tax coming in the budget, will this affect poker?
I'd start by not burning money by giving out 70/30 stakes. hof
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02-07-2012, 11:52 PM
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#47
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veteran
Join Date: Jan 2009
Location: Always looking for Stallions
Posts: 2,164
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Re: UK gambling tax coming in the budget, will this affect poker?
Quote:
Originally Posted by BakinC00kies
I'd start by not burning money by giving out 70/30 stakes. hof
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But 50/50 can't be to great with a income like this .........
Life time stats.........
BakinC00kies 5,634 $5.37 $39 17% $30,273 LLLPLLLL 89 PokerStars
Tough life dude ,the dollar is not that good vs the euro.............lol
Last edited by demetri1978; 02-08-2012 at 12:00 AM.
Reason: Lets stick to the op ,Germany i'm sure will get hit just like the U.K at one point
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02-07-2012, 11:57 PM
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#48
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centurion
Join Date: Jan 2012
Posts: 186
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Re: UK gambling tax coming in the budget, will this affect poker?
Demetri is hostile with **** in his pants.
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02-08-2012, 12:00 AM
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#49
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old hand
Join Date: Feb 2009
Location: 1 ept cash
Posts: 1,787
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Re: UK gambling tax coming in the budget, will this affect poker?
Mad wannabe Zimas itt.
Last edited by Rowniwn; 02-08-2012 at 12:02 AM.
Reason: in before he posts my "lifetime" stats
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02-08-2012, 12:34 AM
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#50
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grinder
Join Date: Apr 2010
Posts: 568
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Re: UK gambling tax coming in the budget, will this affect poker?
Luckily blown my roll so how does this affect losing players :P
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02-08-2012, 12:42 AM
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#51
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banned
Join Date: Feb 2012
Posts: 600
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Re: UK gambling tax coming in the budget, will this affect poker?
One day when i grow up i want to have 25+horses and have a 6 figure roll. I will then proceed to act and live like a boss because I will have mad respect. If anyone calls me out for anything, I will insult their lifetime results to prove how much of a boss I am. Haters? Let them be my motivators. The world will be no match for me, bring it on.
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02-08-2012, 04:39 AM
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#52
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grinder
Join Date: Nov 2009
Location: Exeter, UK
Posts: 625
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Re: UK gambling tax coming in the budget, will this affect poker?
Quote:
Originally Posted by hoodskier
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Does this mean individuals will also have to pay a personal tax on winnings (so essentially double taxation), or will it purely be increased rake/fees?
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02-08-2012, 05:38 AM
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#53
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Pooh-Bah
Join Date: Jun 2007
Posts: 5,455
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Re: UK gambling tax coming in the budget, will this affect poker?
A long time ago placing bets in the UK used to have tax. They took this away. If they do bring it back, it'll be some way off imo.
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02-08-2012, 07:46 AM
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#54
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veteran
Join Date: Apr 2009
Location: Grinding 180s
Posts: 2,441
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Re: UK gambling tax coming in the budget, will this affect poker?
Quote:
Originally Posted by auchipod
A long time ago placing bets in the UK used to have tax. They took this away. If they do bring it back, it'll be some way off imo.
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Which, like they seem to be discussing now, was a point of consumption tax
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02-08-2012, 07:54 AM
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#55
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realest fan
Join Date: Oct 2008
Location: Champions of Europe!
Posts: 5,664
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Re: UK gambling tax coming in the budget, will this affect poker?
Quote:
Originally Posted by auchipod
A long time ago placing bets in the UK used to have tax. They took this away. If they do bring it back, it'll be some way off imo.
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I don't think they did take it away, pretty sure the bookies have been swallowing it rather than bettors.
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02-08-2012, 08:13 AM
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#56
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old hand
Join Date: Oct 2009
Location: Vintage bubblegum
Posts: 1,453
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Re: UK gambling tax coming in the budget, will this affect poker?
So I imagine they will want to make a pokerstars.uk with higher rake and the man taking a %. Correct?
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02-08-2012, 08:27 AM
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#57
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Pooh-Bah
Join Date: Dec 2008
Posts: 5,195
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Re: UK gambling tax coming in the budget, will this affect poker?
Quote:
Originally Posted by Rowniwn
Calm down demetri.
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02-08-2012, 09:16 AM
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#58
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veteran
Join Date: Jan 2009
Location: Always looking for Stallions
Posts: 2,164
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Re: UK gambling tax coming in the budget, will this affect poker?
All the countries that have been regulated have banned player transfers
But some of them tax via the rake,so I can't think of any reason to ban player to player transfers.You can't avoid tax and most sites won't let you cashout large amounts of money from player to player transfers
Another rule that a lot of the regulated countries have gone with is no final table deal making......again I dont think that will be good and I don't get what the reasons behind it could be
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02-08-2012, 09:39 AM
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#59
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Pooh-Bah
Join Date: Jan 2008
Location: See my coaching listing.. NAAAAHT
Posts: 4,820
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Re: UK gambling tax coming in the budget, will this affect poker?
what's most likely to happen is a "consultation" will be announced in the budget, which will enable the very powerful gambling lobby to take their MP friends out to lunch a few times and persuade them it's a bad idea.
calm down demitri
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02-08-2012, 11:15 AM
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#60
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veteran
Join Date: Sep 2007
Location: back grinding real life!
Posts: 2,485
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Re: UK gambling tax coming in the budget, will this affect poker?
Quote:
Originally Posted by LostOstrich
what's most likely to happen is a "consultation" will be announced in the budget, which will enable the very powerful gambling lobby to take their MP friends out to lunch a few times and persuade them it's a bad idea.
calm down demitri
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this is pretty much my view of what will happen as well
but then I have always been both a huge cynic and incredibly complacent
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