New Swedish Poker Laws - Page 4

Fazi here we come

wtf are you guys talking about moving to england would be horrible

On December 16 2008 06:53 TwistedEcho wrote: Show nested quote + On December 16 2008 06:16 DustySwedeDude wrote: So I've heard that it's pretty easy to move to England? Correct? Can't be too bad. ya apparently its pretty easy to do, its what eastgate did to avoid getting raped by taxes

So gets bum raped by British taxes instead to give some chav a council house? Only our alcohol is cheaper here - thats it!!

Seriously though - my understanding of this is that SvS promotes itself as a Responsible operator, they run 7 different types of gaming (Lottery, Sports, Casino Cosmopol etc) and through their on line presence they can offer upper limits to deposit per day/per week etc - effectively a responsible gaming program - and enforce cool off periods and if they are the only online poker operator they can control or at least lessen gambling addiction and problem gamers.

Selling gambling to the Swedish public is not in general an easy thing to do but because of the stance SvS take against gambling addiction and the acceptance of this by the general public in Sweden it actually benefits their business and persuades the Government to allow it to continue and expand whilst nicely creeating a monopoly for itself.

SvS actually pretty soft, NL200 and below

On December 16 2008 08:23 4kinggenius wrote: Show nested quote + On December 16 2008 06:53 TwistedEcho wrote:   On December 16 2008 06:16 DustySwedeDude wrote: So I've heard that it's pretty easy to move to England? Correct? Can't be too bad. ya apparently its pretty easy to do, its what eastgate did to avoid getting raped by taxes So gets bum raped by British taxes instead to give some chav a council house? Only our alcohol is cheaper here - thats it!! Seriously though - my understanding of this is that SvS promotes itself as a Responsible operator, they run 7 different types of gaming (Lottery, Sports, Casino Cosmopol etc) and through their on line presence they can offer upper limits to deposit per day/per week etc - effectively a responsible gaming program - and enforce cool off periods and if they are the only online poker operator they can control or at least lessen gambling addiction and problem gamers. Selling gambling to the Swedish public is not in general an easy thing to do but because of the stance SvS take against gambling addiction and the acceptance of this by the general public in Sweden it actually benefits their business and persuades the Government to allow it to continue and expand whilst nicely creeating a monopoly for itself.

you do realise british taxes for a poker player are pretty minimal right? given that income tax is 0%

I am sure you know better than me Ket but I thought in the UK if you have a full time job then you are not taxed on your gaming winnings. However I thought if Gambling was you only income that is taxed as if you are self employed and the tax levels are decided by the amount that you declare? I stand to be corrected but that was my understanding.

On December 16 2008 11:29 4kinggenius wrote: I am sure you know better than me Ket but I thought in the UK if you have a full time job then you are not taxed on your gaming winnings. However I thought if Gambling was you only income that is taxed as if you are self employed and the tax levels are decided by the amount that you declare? I stand to be corrected but that was my understanding.

I think it is actually something like 'your primary source of income' (gambling/poker etc) then you were taxed. But hopefully we are both wrong....

Ket - just searched again and found this

http://www.internettexasholdem.com/poker-forum/uk-tax-laws-vt13643.html

Had heard a different story before though

Yep - did some searching too and we were wrong.
The Tax Man

who the hell are all these 4kingxxx people they are confusing me

On December 16 2008 15:26 Highcard wrote: who the hell are all these 4kingxxx people they are confusing me

Very tired wanky name I thought was funny some time ago - 4Kingenius is a mate of mine. Now i just think it 4king sucks but can't change I guess....

yeah the only problem about moving to the UK is the ugly girls

Does anyone know if the zero gambling tax in the UK is dependent on if its a european site, or does it count for every site?

good job searching 4kings, maybe i should have just said in the first place i have it in writing straight from HMRC myself its not taxable even as a soul source of income my family were under the same impression as you and theyre the ones who wrote to the hmrc for me

government tilts me so hard

http://www.gp.se/gp/jsp/Crosslink.jsp?d=487&a=464920