Home » Business » New Tax on Gambling Winnings to Hit Even Smallest Wins

New Tax on Gambling Winnings to Hit Even Smallest Wins

CroatiaMore bad news about to be delivered from the tax man in Croatia, this time for those who enjoy a punt…

With announced tax cuts the government are set to give workers in Croatia a slight pay rise in December, an increase of around 4-5 euros a month for the average salary, however, the government will take some of it back, from those who like a flutter at least, with news that even minimum wins on gaming and betting are set to be taxed.

New Gaming Tax laws are set to boost the government coffers by around 25 million euros next year after a law passed in April this year meant that all winnings below 30,000 kuna (4,000 euros) would be subject to tax, with any winnings under 750 kuna (100 euros) excluded from the tax. However, as daily Novi list reports, that is about to change starting December with a 10% tax on all winnings under 10,000 kuna (1.300 euros) to be introduced, meaning even the smallest of winnings will be taxed.

The current 15% tax on winnings between 10,000 kuna (1300 euros) and 30,000 kuna (4,000 euros), will remain, whilst any winnings above 30,000 kuna are subject to a 20% tax, and 30% for anything above 500,000 kuna (65,000 euros).

Share on:
0 / 5 (0 votes)

Sign up to receive the Croatia Week Newsletter

Related Posts

One of Europe’s Longest & Fastest Zip Line Opening in Lika

One one of the longest and fastest zip line centers in Europe is set to open in Lika, Croatia. After 3 years of dreaming, planning, building and testing, the official opening of Zip Line Beware of the Bear will take place on 22-23 April 2017. The centre is located in Rudopolje, in the Lika-Senj County....

Hottest Temperature in Europe Recorded in Croatia

The heatwave which is currently occupying Croatia is about to hit its peak. On Wednesday at Split Airport in Kaštel Štafilić temperatures hit 42.3°C, say Dalmacijadanas, which was the highest temperature in all of Europe on Wednesday. In Sinj on Wednesday at 3:00 pm temperatures measured 40.1°C, which broke the official record of 39.7°C set...

5 Tourist Traps to Watch for in Croatia

  By Alex Cote In a matter of a few years, Croatia has transformed from Europe’s hidden gem to Europe’s hottest holiday destination. With spotless beaches along the Adriatic, national parks full of waterfalls, and charming cobble-stoned cities, it’s unlikely that Croatia will fall off the radar anytime soon. However, just like in any other...

City Games 2017: 8th Season Set to Kick Off in Croatia

Summer has finally knocked at our doors and it means another exciting season of popular City Games project is ahead of us. The happy caravan will once again go through Croatia, Slovenia, Montenegro, Serbia and Bosnia and Herzegovina, strengthening the friendships and links between the cities and the participating countries. But that’s not all, because...

Scorching Summer: Temperatures to Hit 38° in Croatia

Summer is about to kick in across Croatia over the coming 7 days as a heat wave hits the country. The State Hydrometeorological Center in Croatia has issued a warning about a heat wave set to hit over the weekend. The east of the county will feel the most effects of the heat with temperatures...