Lottery and tax

Options
My son has just won 8,000 euros on the spanish lottery,if he brings it back to the UK does he have to declare it to the Taxman and then pay tax on it.

Comments

  • fengirl_2
    fengirl_2 Posts: 4,530 Forumite
    Options
    Lottery and other gambling winnings are not taxable in the UK.
    £705,000 raised by client groups in the past 18 mths :beer:
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    First Anniversary Combo Breaker
    Options
    However, it would be adviseable to keep proof that it was gambling winnings in case there is ever an enquiry.
    The only thing that is constant is change.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards