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  • Crypto gambling tax

    Hi, I on the 10/03/2024 I won 42000 usdt from gambling on a crypto gambling site called gamdom. This is a legal and licensed crypto gambling site. This was won from me spending around 1700 gbp to purchase 2060 usdt. Would I still have to pay tax on this and how do I report this money i just made to hmrc as I am aware that the UK does not have tax on winnings from gambling and there doesn't seem to be any guidance for crypto gambling.