Are Lottery Winnings Taxed in the UK?
Are Lottery Winnings Taxed in the UK?
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tax on lottery winnings uk
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In the UK lottery winnings are tax-free but income earned on winnings is taxable and if a winner wants to gift some cash to their relatives then that person
All lawful lotteries are exempt from the duty except the National Lottery Notice 458 Lottery Duty gives more information about the duty, Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%
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