It would be with money that's already been taxed. So income from a sole trader account profit was then put into a betting account and it's been scaled over the years. E..G. 3 years ago made £40k from being a sole trader, deposited £10k into a betting account. Nowadays that's a lot more and only...
Hi,
I've been doing sports betting for a few years, make a steady profit alongside another source of (taxable) income.
I know sports betting is not taxable in the UK and I know that selling the TIPS is. It's set up as a Ltd company and we pay 20% corp tax yearly pretty simple and haven't had...