Questions of a beginner

[Data]

I have been betting here for 1 month, and some things I have not understood yet and I would like you to enlighten me.
HOW can I have made cash out 650 euros in a system I played and not be taxed, from what I have looked for the amount that exceeds 500 € is 20% tax correctly (?), So they should put 520 and not 650 that I cash out.
This happened again yesterday with 400 that I cashed out in the system again, and he put it all to me while I should keep the 15% ... And I ask ..
Did I do something wrong ??
Sorry if you find the question stupid but I do not know

 

[FunBet]

Taxation (for now, because that will change soon) does not apply to profit per ticket but to profit per column. Usually, the column is equal to 0,10 euros (10 minutes).

That is, if your net profit exceeds 100 euros per 0,10 euro bet, only then will you be taxed.

 

[Data]

I thought that this is something that I regulate, the end that I need to intervene somewhere, so for me the money has entered the bank cleanly .. on my part I am fine,.
Next question.
When I won the money from the cash out 650 and 400 I had to ask for a document from the betting house, maybe, because I think that they should be declared to the tax office, right, is it not necessary?

 

[FunBet]

The Certificate of Winnings refers to the ANNUAL net profit and not to the winnings of individual bets. So, for the year 2021, you will be able to request such a certificate for the tax office, at the beginning of 2022. Of course, this will make sense since in 2021, the total returns from your bets will exceed all your bets (you will have that is, net profit).

Of course, this is not necessary, unless the amount is respectable and is not justified by your other income or you want to present a higher income to make some purchases.

However, you solve these questions with a simple google-search.

 

[kerkireos]

I had asked the green or the blue a few years ago, they had told me that I have no profits. I laughed and did not bother again ...

 

[chri213]

I had asked the green or the blue a few years ago, they had told me that I have no profits. I laughed and did not bother again ...

It is very likely that they told you this because the money you deposited was more than that of the withdrawals. if you had a profit of 500 euros but if you had put 700 in the company. I do not rule out that there was another reason but logic says so.

 

[BetLaden]

Take a look at the following to see how it works:

By law, taxation is as follows:

- Net column profit up to € 100: tax free
- Net column profit from € 100,01 to € 500: tax 15% (on the amount that exceeds € 100 tax-free net profit)
- Net column profit from € 500,01 and above: tax 20% (on the amount that exceeds € 500 net profit)

The value of each column in the betting is € 0,10 (unless I miss it and it had something different). By law, the taxation of net profits is imposed in stages per column. Commonly the tax-free is valid for a net profit of up to € 100 per column (per € 0,10), ie for a net profit of up to € 1.000 per € 1 bet.

Examples:

a) A player bets € 10 (ie 100 columns) on a five with odds of 510 and wins € 5.100. There is no tax since its net profit is 5.090 / 100 = 50,90 € per column (the tax-free is 100 € per column).

b) A player bets € 5 (ie 50 columns) on a six with odds of 1.250 and wins € 6.250. His net profit is 6.245 / 50 = 124,90 € per column. The first 100 € per column are tax free. In the next € 24,90 per column, a 15% tax is withheld (ie € 3.735 per column x 50 columns = € 186,7). The player finally receives after deduction of tax 6.063,25 € (6.250 - 186,75).