Useful Links for House Raffle & Competition Organisers

Useful Links for House Raffle & Competition Organisers

Finance and Tax

A successful win a house competition or raffle relies on a good understanding of the revenues, expenses and taxes involved in running this type of promotion. As with gaming laws, taxation issues vary from one jurisdiction to another. It is therefore recommended to research the specific issues in your own country or state to make sure you don't face any unexpected issues at any point. This section features useful links relating to any finance or tax issues surrounding house competitions or raffles.
Display # 
1   Link   HM Revenue & Customs
The UK's HM Revenue & Customs (HMRC) is set up to ensure the correct tax or VAT is paid in the right circumstances, whether this relates to payment of taxes received by the department or entitlement to benefits paid. Any UK house competition or raffle will be reviewed in the context of the HMRC's Gaming and Betting guidelines, which are outlined in this section of the HMRC website.