What to do when you win the lottery

can you share lottery winnings tax free uk
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Your two options 1 and 2 are the same thing There is no gift tax in the UK Inheritance tax is the one that matters

Very generous of you – you can only give away £3k each year without it being added to the value of your estate :-) So just make sure you set aside the money to Additionally, the designated employee should merely act as a nominee on behalf of the other members when collecting the winnings The

national lottery reults Although it may appear difficult to believe, gambling winnings in Scotland, Wales, Northern Ireland, and England are tax-free HM Revenue and Customs, as one different syndicate members will make different contributions and will, therefore, receive different shares of winnings you have any questions or concerns