Do we need a contract for our lottery syndicate
Do we need a contract for our lottery syndicate
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Ceist Beag you are missing my main for example a mother of two children wins 12 million forms a family syndicate no tax implications no
Lottery rules in the UK stipulate that only one person can be paid a prize, so when playing in a syndicate it is essential to have a formal agreement in place You may have bought the winning ticket as part of a group or syndicate The law requires Lotto New Zealand to pay Tax benefits may be important to you
dragon 78 slot login If there is no agreement and the winner of a prize transfers part of it to others, these gifts may attract Inheritance Tax If the members of the group can The agreement needs to include details of all syndicate members, set out their weeklymonthly contribution, and their agreed share of any prize that may be won
