Is Gambling Tax Free In The UK, and Do You Have To Declare Winnings?

A question I get asked a lot, is whether Betfair trading profits, or gambling winnings are really tax free in the UK; and it is a very good question, because we are all usually aware of what needs to be declared to the Inland Revenue, but is gambling really tax free? There has been quite … Continue reading Is Gambling Tax Free In The UK, and Do You Have To Declare Winnings?