GST Guidance for Gambling/Gaming

http://banksconsultancy.com.au [Tidbit of the Day] In this video, we’ll discover if you’re eligible for a gambling business or what are the taxes involved when winning or losing in gambling.

Watch the video to find out…

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Video Highlights:

0:06 – Tidbit of the day
0:30 – Gambling winnings and losses in general sense
0:40 – Winning the lotto and taxes in relation to winning

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