I'm a pro gambler, what are my tax liabilites if I live in France?

[Gluestick]

[quote user="Steve"]

Gluestick,

I am very repsectful of the IR as I realise their seemingly limitness power.

I fill in a tax return and declare my earnings, thankfully they don't take anything from me

[/quote]

Good luck, Mate!

Much of what I do is to assist clients to minimise their tax bills.

Some years back a belted Earl or some such, liquidated his collection of mint coins at Spinks, probably.

He trousered circa £10,000,000 and paid not a sou in Capital Gains tax!

'Cos sensibly, he or his advisers had read the law and realised that a de minimus charge applied and every one of his coins on purchase was beneath the de minimum limit!

Perhaps I could persuade the Revenue that trading equities options was gambling? [Www]

Which it is really.

 

[junebaby]

Well, I don't want to shay too much at thish preshent time but I really am a shecret agent, some of you may already have gueshed who I am by my Scottish accshent but I think shome of the people writing in this forum are imposhters.  Sho my advice  is take it all with a pinsh of shalt.

Regards

JB[:)]

[sharkhunter]

Well, I don't want to shay too much at thish preshent time but I really am a shecret agent, some of you may already have gueshed who I am by my Scottish accshent but I think shome of the people writing in this forum are imposhters.  Sho my advice  is take it all with a pinsh of shalt.

No, it can't be, is it, is it really you, wow....i loved all your stuff on telly, a real big fan...............whadda you know folks, Gordon Brown ( slightly pissed ) right here on LF