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- Town Status : Outlaw
- Wanted Reward: $8
- Topics Started : 2
- Replies Created : 28
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https://community.hmrc.gov.uk/customerforums/pt/487d1d89-1c70-ef11-a4e5-6045bd0c8ae7
think you’re wrong on that one. Looks like you’re liable for where the other country is. Any Gambling winnings cannot be taxed in the UK. That includes crypto
I guess if its come straight from HMRC, then that must be the case and ive been misinformed! I shall certainly bookmark that forum page on the off-chance i get a huge win! 😃
Not sure this is quite right. There’s a reply from HMRC in this thread that quite clearly says it’s not taxed
https://community.hmrc.gov.uk/customerforums/cgt/314e6a0e-5222-ef11-a81c-0022481b6308
Might be wrong though
If TG casino was licensed by the ukgc as stated by the gambler who asked the question,then he wouldn’t have to pay tax. Unfortunately it isnt licensed, so he misinformed the hmrc admin who replied to him.
<p>I can confirm, it is in, and looks like they dropped the wagering requirements. It’s just straight BCD. First bonus buy on the new Phoenix Duel Reels and I hit a 1500x. 😀</p><p>Thanks for sorting out. Had us all worried.</p>There is definitely a 5x wager requirement (on my account anyway) it will state requirements if you click on your profile, then rollover, and click in the bonus.
Yes they are liable for tax.It makes no difference how you increase your crypto value, either through gambling or just an increase in coin price.
If the crypto casinos were regulated and paid uk tax, then you probably wouldnt have to, but they dont.
Unless i had a very large win,i wouldn’t bother sending it back to the exchange and withdrawing it. I just keep mine in a defi wallet and buy giftcards for everyday expenses.Its been 2 business days since winners announced so really should be in by Monday at the latest 🤞
<p>Hello, have the winners been announced yet? Cheers</p>Yes, Bandit posted the winners on this thread on 27th December.
Congratulations by the way!As long as it was your sisters card that made the deposit and shes verified, shouldn’t be a problem.
If you have used your own card, then the best outcome you can hope for is a refund of the initial deposit and then account closure.Did you actually try and verify? I verified my account with no problem (uk address and I.D)
I didn’t realise you could deposit at BC with bank cards. Is that a recent addition? A couple of otther sites I use are definitely crypto only.
Yes, you need a crypto wallet to deposit and withdraw. You can buy crypto on site usually but it works out quite expensive.
I’d suggest getting used to crypto first, maybe watching some YouTube guides, so avoiding any potential mistakes.
1You’re automatically entered in to the race of you previously signed up using bandits code 👍
He’s had a bit of time off from the slots and tweeted from Paris a few days ago, saying he’ll be back soon!
I take it you are withdrawing xrp? If you go to your crypto wallet, head to xrp and look for receive coins. Your address and destination tag will be there. Copy and paste them into the withdrawal page on casino and confirm.
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