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Universal credit and gambling winnings
Kay990
Posts: 6 Forumite
Hello members,
I have started a business and I am on universal credit.
If I gamble £10 and win £130 and the job centre finds out, can I get prosecuted?
As far as I'm concerned gambling winnings are not taxable.
I have started a business and I am on universal credit.
If I gamble £10 and win £130 and the job centre finds out, can I get prosecuted?
As far as I'm concerned gambling winnings are not taxable.
0
Comments
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Providing you don't win enough to take any savings/capital to between £6,000 and £16,000 then the answer is no.
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But is gambling your business?If not then as per poppy it will be classed as capital/savings.0
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Is gambling a trade or profession? To be self employed you must be carrying out a recognised trade or profession.Our green credentials: 12kW Samsung ASHP for heating, 7.2kWp Solar (South facing), Tesla Powerwall 3 (13.5kWh), Net exporter0
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