Where Will Winnings Tax Be 1 Year From Now

Where Will Winnings Tax Be 1 Year From Now

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Did you know that your gambling winnings in the UK are always yours, 100% tax-free? Because Americans are taxed for their winnings, many people mistakenly believe that they will be taxed on their gambling winnings too, as they would be taxed on any other transactions.

This used to be the case, but the practice of UK gambling tax has since been discontinued. Gamblers in the UK don't need to report their winnings, which also means they don't need to pay a single penny to the taxman.

So where does the UK government get their money? The answer is simple: they apply the tax to the operators rather than to the players.

Casino operators are required by law to declare their profits and pay 15% of their gross profit into the public purse. The primary goal of casino operators is to make money, so of course, they try to find ways to get around this law.

But this hasn't always been the case. Up until 2002, players had to pay a tax whenever they placed a bet. This law was removed in 2002 in order to keep the UK gaming industry competitive.

The casino operators were not too happy about the change, but it was great news for UK-based gamers. They no longer had to worry about the taxman taking a cut from their winnings.

Is the tax here to stay?

It's very unlikely that the UK approach to gambling taxation will be changed anytime soon. In the next year, you can expect things to continue to operate more or less the same as it does now.

As a player, you really don't have much to worry about; the chance of players being taxed again is fairly low. If there are in fact changes to the gambling laws, they will almost certainly affect the operators rather than players.

It's not likely that we will ever go back to a system in which gamblers are taxed. This is because of how the UK taxation system is now structured. If the tax were levied against players again, the players could actually claim allowances for their losses.

Since this would almost certainly result in a net loss for the government, there isn't much risk that they will return to the old system. You will likely continue to enjoy tax-free gaming for years to come.

Can operators avoid the tax?

Up until recently, it was fairly straightforward to avoid paying the 15% tax. You could simply set up your online casino in another country that offers a more favourable tax rate.

This is the reason why you often see casinos operating out of tiny countries. Malta and Gibraltar are two of the most popular destinations for casino operators. If you set up an online casino company in Malta or Gibraltar, you would have to pay those governments significantly less tax than if you operated out of the UK.

Unfortunately for the casino operators, this loophole has now been closed by the UK government. Operators are now subject to a so-called "Point of Consumption Tax".

What this basically means is that casino operators must pay the taxes that apply to the country from which the customer is playing in. This means casinos based in Malta or Gibraltar will still have to pay the 15% tax if the player is based in the UK.

Another loophole?

Given that the Point of Consumption Tax is eating into casino operators' profit margins and forcing them to raise their prices, you can expect to see some more creative methods of avoiding tax starting to surface. The casino gaming industry has always been innovative when it comes to paying as little tax as possible, and there is no reason you should expect that to change.

In the meantime, if you're keen on discovering new online casinos or reading more about gambling tax laws, visit CasinoGuide.co.uk.

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8 Things To Know About The 911 Dispatcher In Your Life

In honor of National Public Safety Telecommunicators Week

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For the first 18 years of my life, all I knew about 911 dispatchers was that they were the voice that came after the tone, from inside the pager on my dad's hip. The voice telling him where to go and for what. I had no idea after I turned 19 that I would soon become one of those voices. National Public Safety Telecommunicators Week this year is the week of April 14th-20th. I felt it appropriate to write my article this week focused on that, considering it is such a huge part of my life. For the rest of the world, it is just another week. For us, this is the one week out of the whole year that the focus is on the dispatcher, the one week where we don't feel so self-absorbed about saying what we do is nothing short of heroic. Here are some important things to know about the 911 dispatcher in your life.

1. We worry about you constantly

My biggest fear in this job is picking up the phone and hearing my loved one on the other end. No matter what the circumstance. The map zooms to the area of the county where my family and I reside, and my heart always sinks. I get a giant pit in my stomach because the very real reality is it may be someone I know and love. Don't be annoyed when we call you twice in one day or overly remind you to be safe. We are just always worried about our loved ones.

2. Our attention spans can be short

We are trained to get the pertinent information and details all within a matter of seconds. I can't speak for everyone on this, but I struggle a lot with paying attention when someone is talking to me, please forgive me if it feels as though I've stopped listening after a few minutes. I probably have. I've noticed that I listen very intently to the first couple minutes of a conversation and then my mind trails off. Nothing personal, just habit.

3. We have great hearing and listening skills

Most of us anyways. We can hear the person on the phone, the officer on one radio channel and the firefighter on the other, all at once. I have found that this skill comes in handy when trying to eavesdrop, also not as handy when you go out to dinner and can hear all five conversations going on around you. I have yet to master shutting that off when I am not at work.

4. We are hilarious

It could be a combination of using humor to deal with bad situations and spending twelve hours at a time in a little room together. But I think it’s that we are just freaking hilarious, nothing else to it. If you go the whole 12 hours without laughing, you're doing something wrong.

5. We have a very complicated love-hate relationship with our jobs

I love what I do, and I truly believe I was meant to put on that headset. Everything happens for a reason and my education plans out of high school didn't work out because I was supposed to be here doing this instead. I love what I do. I hate it sometimes too though. I remember specifically once taking a phone call about an hour before my shift was done. As soon as I got into my vehicle to go home, I bawled my eyes out and swore to myself that I was never stepping back into a comm center again. I hated my job with a burning passion that day. My next scheduled shift, I went back to work because I love it too. See, it doesn't even make sense it's just complicated.

6. We are tired

Believe it or not, this career can be incredibly exhausting. Someone once told me "You just sit at a desk for twelve hours, that can't be that hard." Physically that's right, we just sit there. Mentally and emotionally the first phone call of the shift can drain you and then you still have a little over 11 hours to go. I won't go into details on that but trust us when we say it was a bad call. We are tired. Some of my days off I just sleep all day not because I'm physically exhausted but because my mind needs that much time to recharge.

7. We are crazy

I really have nothing more to say other than no sane person would be a 911 dispatcher. We are all a little 10-96 in the best way possible.

8. We love harder than most

We love strangers we have never met, we love our officers that piss us off daily over the radio, and we love our co-workers that drive us nuts sometimes. It takes someone incredibly strong to save a life through the phone and someone even stronger to go back after they didn't. With that strength comes a weakness of vulnerability, we know our hearts will break more often than others, and we still continue to put on that headset to help others. The people with the biggest hearts work in a dispatch center. If you are lucky enough to be loved by one don't take them for granted.

The list could go on and on. Dispatchers possess so many skills and qualities that most people will never acquire in their lifetime. People think 911 and picture the police officer, the firefighter, the paramedic often completely forgetting the 911 dispatcher. For us, that's okay because other than this one week out of the year, we don't expect praise or thank you. When it comes down to it, we love what we do and we would do it no matter what.

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