UK online poker pros - tax?
Join Date: Nov 2018
Posts: 53
If I play strictly online cash games, do I have to pay tax? What about submitting my income? How about live winnings? Since my student loan debt interest is dependent on my 'earnings' bracket, what happens with that?
Join Date: Feb 2007
Posts: 4,316
Gambling winnings aren't taxable income in the UK. You don't have to submit anything. As far as HMRC is concerned you don't have an income, regardless of how much you win.
