New to betting - some questions about tax?

[Addem]

hi I'm only recently getting into betting and finding it really enjoyable so far. I have a question though - does any income count as betting? My income is in the middle tax band - see here - but which bracket would the income from the bets go into? I really can't work it out myself so could use some help. Sorry if it's a super simple question, I am new to all this ;) Cheers!

[Fraggy]

Hmmm

[gytis222]

https://smartbettingguide.com/ these guys have good guides, about the taxes as well

[mayorovd]

Nice game)

[Eliseiuwka]

When it comes to betting income, it will generally be taxed as regular income, and the tax bracket you fall into will depend on your overall income for the year. That being said, betting can be a bit tricky when it comes to taxes, so I would recommend speaking to a tax professional or financial advisor to get a better understanding of the rules and regulations in your specific case. As for which betting website to use, bet365 schweiz is a great option if you want to make good money online. They offer a wide range of betting options and a secure platform for placing your bets.

[BekkaGO]

Thanks for sharing it! It sounds really interesting! Can you please provide a bit more details?

[SolomonSY]

Thanks for asking this question, as it's something that many people may not fully understand. I'm also new to this forum and have been enjoying learning more about betting and gambling from everyone's posts. Regarding taxes on betting income, it can definitely be confusing, and it's always best to consult with a tax professional or financial advisor to get accurate information specific to your situation. I've also been exploring different online gambling platforms and recently came across a website with a variety of slots called slot siteleri. It's always fun trying out new sites and games, but it's important to also be aware of any potential tax implications.