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Working Tax Credit - other income
lamek31
Posts: 4 Newbie
Hello to all on the Forum
I am currently receiving WTC , last year I got made redundant and received approx £1000 , I invested this into buying shares that paid no dividends but they doubled in value within a few months and I sold them for £2000 . Do I have to notify anyone re this £1000 gain and is there a limit to what I can make through share dealing ,gambling ,lottery etc before having to tell WTC people.
Any advice appreciated
lam
I am currently receiving WTC , last year I got made redundant and received approx £1000 , I invested this into buying shares that paid no dividends but they doubled in value within a few months and I sold them for £2000 . Do I have to notify anyone re this £1000 gain and is there a limit to what I can make through share dealing ,gambling ,lottery etc before having to tell WTC people.
Any advice appreciated
lam
0
Comments
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No you don't need to declare capital gains, lottery or gambling wins etc.0
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