Articles About tax on gambling

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Gambling Tax Guide: Can You Write Off Gambling Losses?

Kateryna July 21, 2025 11:50:08

Can you write off gambling losses? This is a common question for gamblers new and experienced, and the answer is more complicated than many people think. This simple guide will help you understand when and how you may be able to write off your gambling losses, what records you need to keep, and what the rules mean for you.

Budget reveals tax on free bets but gambling otherwise untouched

david March 17, 2016 13:10:45

Prior to the budget, shares in UK gambling companies had fallen in fear of tough new regulations. However, they have now risen as a tax on free bets is the only new measure. Overall, Chancellor George Osborne’s budget was good news for UK gamblers. Until its release on Wednesday, there were fears of punitive tax […]