Tax on gambling winnings

By Alicia Human · Updated

Nelo

Nelo said:
11 May 2016 at 15:52

Is lotto winnings taxable?
TaxTim Alicia

TaxTim Alicia said:
12 May 2016 at 9:34

No, lotto winnings are not taxable - you would need to declare within your tax return as "amounts not considered taxable".