Re: EEC: Poker-tax in UK compared to Denmark
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Yes it is true in the uk you are not taxed on poker winings
which is a good thing only downside is trying to get credit
like a mortgage ect because you have no accounts, can't prove income ect.
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Damn, sounds nice, i am thinking about moving to London, because i want to play at PokerStars and FullTilt.
About credit:
What do mean about accounts: you can get a normal account with a Visacard if you just deposit some into the account, right ?
In Denmark you can get a mortgage as a pro poker player; but it is more difficult.
You have to put a bigger amount down, since the bank set your income at 0; think it's about 30% of house price(Normally 10% if you have a good job).
So why are all poker Pro's not living it up in UK - has to be a huge advantage over time (Taxfree WPT winings, play online whereever you want taxfree etc.) - and who don't want to have their base in London anyway ?
Thanks for the answers
I am moving [img]/images/graemlins/smile.gif[/img]
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