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US competition winnings

Posted Wed, 20 Dec 2023 22:49:20 GMT by
I am a UK resident I entered a raffle online run by a company based in the USA I have won a car, but a cash alternative has been offered What is my tax liability, if any, should I accept the cash offer?
HMRC Admin 5 Response
Posted Tue, 02 Jan 2024 14:20:54 GMT by HMRC Admin 5 Response
Hi

There is no tax liability on the winnings.

Thank you
Answer
Posted Tue, 02 Jan 2024 15:32:06 GMT by
Thanks for confirming!

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