Lottery Winnings

lottery winnings tax uk
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Her salary is credited to a bank account there, and Shreya pays tax in the UK Does Shreya need to pay tax on this income or include it in her income tax return

In the UK, lottery winnings are subject to income tax at rates of 20% for basic rate taxpayers, 40% for higher rate taxpayers, and 45% for additional rate National Lottery Buy National Lottery tickets and scratchcards or collect winnings at your local participating Post Office branch UK selling National Lottery

free slot games 3d However, while UK lottery winnings are tax-free, if you choose to split your prize money with those closest to you, they may be required to The simple answer is yes Phew, that was easy If you're a UK tax resident, you're exempt from paying the following taxes on your lottery