Hi all,
I’ve been fortunate enough to have a series of big wins which have led to me cashing out 6 figures from 500casino (who I can’t praise enough, they’ve been excellent and quick to pay). I’m looking for any information on tax though that anyone or The Bandit has, my assumption/hope is as the money was gained via gambling which isn’t taxable I shouldn’t have to pay capital gains on the winnings – only capital gains on any increase value from when it was paid out to when I sold it for cash. Does The Bandit/anyone recommend any good accountants that have assisted them in the past?
Thanks!