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Increasing participation in motorsport
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14 Feb 2007, 11:23 (Ref:1841138)
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Oaksnaf
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Join Date: May 2005
Posts: 947
You should be taxed on your prize money, same with those who win on the punt - its an income that is taxable. But who does it? I guess if they really wanted to tighten up they could get you for not taxing your winnings.
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