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Is Betfair trading tax-free?
It is very similar to bookmakers in general, as the Inland Revenue Office currently declares Betfair income as gambling, so the same rules apply.
Now that Betfair is growing in popularity, more and more people are trying to figure out if they, too, can earn regular income through their site and why not. That’s gambling, trying to make a few extra pounds without trying.
Betfair does charge their customers a bonus commission which starts at around 5%, so you need to be aware of this commission while doing any match betting calculations or any other activity you might do while using their trading platform. It is a small amount, but If not considered, it quickly adds up.
advantage using betfair?
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- Is Betfair trading tax-free? December 26, 2022
- offer biggest prize January 17, 2022
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- has better promotion January 17, 2022
- trading are profitable January 17, 2022
- gives better odds January 17, 2022
| Best Highest odds betting site in the World 2022 | |||
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1x_86570 |
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| Best Highest odds betting site in the World 2022 | ||
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