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[email protected] damduck-egg@yahoo.co.uk is offline
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Default OT The lottery and apprentices

On Thu, 24 Jul 2014 09:33:46 +0000 (UTC), Jethro_uk
wrote:


In two previous jobs I've been in a lottery syndicate. There's quite a
bit of legwork to do it properly ... you need to nominate who buys the
tickets, when subs are paid, what to do in the inevitable event that
member A didn't pay in (for whatever reason) on the winning week ...


The National Lottery provide a download pack that covers it .
As you say if a few people just bung a quid in each week without an
agreement things can get interesting. there is some circumstance where
the Inland revenue want a cut connected with inheritance tax on the
"Winners" estate if they die as the others cut will be deemed gifts.
I see some Tesco nightshift workers are the latest who probably won't
be doing many more shifts.
http://www.westernmorningnews.co.uk/...ail/story.html

G.Harman