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Tax on gambling winnings

Posted 12 May 2016

Nelo said:
11 May 2016 at 15:52

Is lotto winnings taxable?

TaxTim Alicia TaxTim Alicia said:
12 May 2016 at 9:34

No, lotto winnings are not taxable - you would need to declare within your tax return as "amounts not considered taxable".

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