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  • your only source of income is from the gross gambling proceeds, you will automatically qualify for an exemption, you are not required to file income tax returns.*. you receive income from other sources. only the income from gross gambling proceeds will be exempt from income tax, and; you may still be.
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  1. Do you have to pay tax or declare your income on your tab winnings? same goes for casino winnings? [Moderator I am pretty confident that the NZ Govt actually charges a levy on gambling institutions (TAB, Casinos, Gaming Machines, lotto, etc) and the levy is . Well the IRD true to form, totally unhelpful.:
    (File photo). DON SCOTT/STUFF. It's time to get rid of pokie machines in New Zealand. (File photo). Walk into most pubs in the Wellington region and if you stand still and . Banning them because a minuscule minority waste their money because they believe they can win on these machines is ridiculous. A woman who won $US million (NZ$61m) off a penny slot machine saw her jackpot disappear when the casino said the payout message was an coinsluckyz.comg: tax ‎file. It's a sad fact that tax is a big part of being in business. Not only do you have to pay over a large chunk of your money to the IRD in various taxes, but like it or not, you also have to act as tax collector, as well as working unpaid for other Government agencies, whether it's collecting court fines or child coinsluckyz.comg: pokies.
  2. In , Australians lost more than US$ per capita, compared with less than US$ in New Zealand and the US, and less than US$ in Canada and Britain. In –14, state and territory governments raised A$ billion in taxes on poker machines in clubs and hotels – that's 5% of state-levied tax.:
    Free spins are another feature of machines to keep you interested by making you think you're getting close to a bigger win. They give you the feeling that you are doing better than you really are. Small wins like free spins are designed to keep you playing for longer with the aim of returning the most money to the pokie owner  Missing: tax ‎file. 2. Gambling winnings are exempt from taxation. There is no provision in the guidelines issued by Inland Revenue that relate specifically to winnings from online gambling. The guidelines do, however, make mention of income from gaming machines i.e., land-based pokies, stating that “all gaming machine income is exempt. Information about the Electronic Monitoring System for Class 4 Gaming Macines administered by the Department of Internal Affairs.
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This article is part of our special package on poker machines. See the other articles here: Bright lights, big losses: How real are claims of poker machine community benefits? YorkTalks — York, York.

Social Personhood — Manchester, Manchester. Available editions United Kingdom. Australia has one poker machine for every people. Francis Markham and Martin Young. Gambling Problem gambling Pokie machines Pokie Nation. We produce knowledge-based, ethical journalism. Please donate and help us thrive. Despite the known social harms of problem gambling, Australian state governments are allowing more casinos to be built and expanded.

The proposed Aquis casino in Cairns is likely to be underwritten by the poker machine losses of local residents. Social Personhood — Manchester, Manchester More events. Palmerston North's clock tower is wrapped and ready to dispense gifts at midday. A mother whose children died in a crash welcomes the Government's road-safety plan. Mr and Mrs Greer celebrate five years of marriage. Here's how they've done it. What's the difference between common, German, and paper wasps?

Embers from a week-old fire have reignited to cause a shed fire in Motueka. Christmas has come early for backers of a Nelson recreation hub with a six-figure cash boost announced. Berry growers "jump for joy" as the hot dry spell yields sweet and plentiful crops. He had just helped pull a mate's 4WD from the river.

But on his way home, the tractor rolled down a bank. Great white hysteria on social media has been reeled in It's either that or "students learning in marquees out on the field".

In a time of labour shortages for wineries and vineyards, one company has an earn-as-you-learn deal. Top cop stresses need for care as South Canterbury's road toll hits 17 for Planned private luxury lodge seen as environmental threat to the shore of Lake Pukaki.

Dutch man admits careless driving causing death of Dunedin woman near Waimate. Timaru year-old auditions with two broken arms and still lands role with the NZ Opera. Two dead after overnight crashes in lower South Island, with another two killed in the north. High percentage of ill-fitting car seats concern police. Restored Santa's sleigh due to jingle all the way in Tapanui Christmas parade.

Farmers spilled out of a Winton hall as hundreds of them gathered at a meeting, concerned about the discovery of Mycoplasma bovis in Southland. Transport costs to move ouvea premix to port proves stumbling block in deal. It's time to get rid of pokie machines in New Zealand. Have you battled an addiction? Share your stories, photos and videos. Wellbeing and singing help with mental health awareness National Homepage.

Celebrating years with donation. Hot cabaret on Waiheke. Pedestrian hit by car. Wellington flats are hot property. Two die on SI roads. Theft ruins Christmas trip. Fire chief's home burns. Woman, 24, killed in crash. Hospital stops feeding poor. Fleeing driver hits cop, ditches car.

Flochella floats into town. Aquatic Centre protesters make a splash. Flash flooding flows into home. Wave goodbye, freedom campers. Witt cuts courses, staff. Gang member can stay. PS I love you. The buzz on paper wasps. Hot spell yields bumper crops. Tractor driver died a hero.

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This may lift your spirits and provide an escape from negative thoughts. With a win you're likely to hear coins dropping or people celebrating This is because game designers do not want to reinforce a loss that could cause you to rethink how much you are losing and whether or not you should continue to play.

The presence of multiple machines in a venue produces a continuous chatter of winning sounds. These may condition your brain into thinking a win is on its way, even though it's just as unlikely as the last spin. A range of buttons allow you to select the number of pay lines and the number of coins you bet on each line. These options give you an interactive experience and can give you the illusion of skill.

The truth is that no combination of button pushes will increase your odds of winning. The odds of winning the top prize on a pokie machine may vary from 1 in 40 thousand to 1 in 33 million. For example, take the game Black Rhinos — if you are playing one line at a time it would take 6.

Each machine is programmed to take in more that it pays out. So the longer you play, the higher the chances are that you will lose. The outcome of each spin is random. So in the short term, you could take a bigger win or experience a bigger loss. The more time you spend playing, the more likely it is that your money will gradually reduce to almost zero.

Machines are programmed to give you a feeling that there is a degree of skill involved. But in reality, there is no action you can take that will increase your odds of winning on any spin. In short, there are no techniques to trick or cheat it. To illustrate, you may have a feeling that you have control over the machine because:. Every spin is purely random. These thoughts should not be trusted because each outcome is independent of any previous spin.

A machine is no more likely to pay out the larger prize after 1,, spins than it was after 10 spins. Your brain is wired to spot patterns. Normally this works in our favour because it helps us make everyday decisions. We can often spot the best waves at the beach before they break, and we can choose the best time to drive to work based on what's happened in the past.

But when playing pokies, this strength becomes our weakness. The outcome of each spin is random, meaning past spins don't have any bearing on the result of future spins. Players who are physically and psychologically comfortable will occupy their seats for longer periods of time. This encourages you to gamble for longer and risk losing more money. Ever felt like you are in the zone, where nothing else matters except for what you are doing at that very moment? The sights, sounds and motion of a pokie machine can produce a similar effect.

It can feel like time, space, monetary value, and social responsibilities are suspended. Many pokie players talk about getting in the zone also known as "suspended animation". The zone can be very powerful. Las Vegas casinos have recorded video footage of slot machine gamblers who continue to play, while failing to notice a man lying on the floor next to them who has had a heart attack. Their eyes remain glued to the machines even as the man begins to receive first aid and defibrillator shocks.

Another video shows gamblers so absorbed in play that they fail to notice rising flood waters lapping at their feet or fire alarms blaring in their ears. Pokie machines are designed to be very absorbing. While this can be entertaining, it pays to be careful and not lose sight of your surroundings.

Make a plan for how much time and money you want to spend, and stick to it. Take regular breaks and remember, the more time you play, the more you are likely to lose.

Every spin is random. On top of this, machines give the impression that you have almost won - so you keep playing. A loss is a loss and the symbols displayed above or below the payline have nothing to do with how close you were to winning the jackpot. They give you the feeling that you are doing better than you really are.

Small wins like free spins are designed to keep you playing for longer with the aim of returning the most money to the pokie owner. More often than not, the total amount spent will be more than you win, so on the whole, you lose. If you choose to play online pokies , be wary of high payout rates. If they seem too good to be true, they probably are. Once they get you hooked, they will invite you to buy real credits.

The free trials or practice sessions often to pay out credits more often than the real game. This can lead to false ideas about how often you will win. Take the gambling test to find out what sort of gambler you are. Learn the signs of harmful gambling. Know the signs How much are you spending?

Real life stories Test your gambling Controlling gambling Staying in control Sharing and talking Keeping busy Test your gambling Concerned for someone? You are here Home Understand gambling How pokies work. Can you beat or cheat a modern slot machine? Select your pokie machine You'll never see them the same way again. Click on the grey dots below to reveal their inner secrets At your fingertips Reels Losses disguised as wins Too good to be true Buttons galore!

Cashing out a pokie machine and putting the money back in does not reset the machine. Why are pokies so addictive? He's looking at you kid. This houses the game and comes in a variety of types or themes to keep you interested. Can you feel the Rhythm? Did you say Dopamine? Speed is not your friend.

Video screen graphics - if looks could thrill! Confused by multi-line betting? The reels aren't real. Losses disguised as wins. If it sounds too good to be true, it usually is! Stores all coins in the machine and releases wins to the coin tray. Records all game data including how much money is paid in and how much is paid out in winnings. To illustrate, you may have a feeling that you have control over the machine because: In truth, none of these actions give you a greater or lesser chance of winning.

Used to insert coins or notes into the machine. A mother whose children died in a crash welcomes the Government's road-safety plan. Mr and Mrs Greer celebrate five years of marriage. Here's how they've done it. What's the difference between common, German, and paper wasps? Embers from a week-old fire have reignited to cause a shed fire in Motueka. Christmas has come early for backers of a Nelson recreation hub with a six-figure cash boost announced.

Berry growers "jump for joy" as the hot dry spell yields sweet and plentiful crops. He had just helped pull a mate's 4WD from the river. But on his way home, the tractor rolled down a bank. Great white hysteria on social media has been reeled in It's either that or "students learning in marquees out on the field". In a time of labour shortages for wineries and vineyards, one company has an earn-as-you-learn deal.

Top cop stresses need for care as South Canterbury's road toll hits 17 for Planned private luxury lodge seen as environmental threat to the shore of Lake Pukaki. Dutch man admits careless driving causing death of Dunedin woman near Waimate. Timaru year-old auditions with two broken arms and still lands role with the NZ Opera. Two dead after overnight crashes in lower South Island, with another two killed in the north.

High percentage of ill-fitting car seats concern police. Restored Santa's sleigh due to jingle all the way in Tapanui Christmas parade. Farmers spilled out of a Winton hall as hundreds of them gathered at a meeting, concerned about the discovery of Mycoplasma bovis in Southland. Transport costs to move ouvea premix to port proves stumbling block in deal. It's time to get rid of pokie machines in New Zealand. Have you battled an addiction?

Share your stories, photos and videos. Wellbeing and singing help with mental health awareness National Homepage. Celebrating years with donation. Hot cabaret on Waiheke. Pedestrian hit by car. Wellington flats are hot property. Two die on SI roads. Theft ruins Christmas trip. Fire chief's home burns. Woman, 24, killed in crash. Hospital stops feeding poor. Fleeing driver hits cop, ditches car. Flochella floats into town. Aquatic Centre protesters make a splash.

Flash flooding flows into home. Wave goodbye, freedom campers. Witt cuts courses, staff. Gang member can stay. PS I love you. The buzz on paper wasps. Hot spell yields bumper crops. Tractor driver died a hero. Bohally to be zoned. On the fast track. Bad year on our roads.

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So the longer you play, the higher the chances are that you will lose. The outcome of each spin is random. So in the short term, you could take a bigger win or experience a bigger loss. The more time you spend playing, the more likely it is that your money will gradually reduce to almost zero.

Machines are programmed to give you a feeling that there is a degree of skill involved. But in reality, there is no action you can take that will increase your odds of winning on any spin. In short, there are no techniques to trick or cheat it. To illustrate, you may have a feeling that you have control over the machine because:. Every spin is purely random. These thoughts should not be trusted because each outcome is independent of any previous spin.

A machine is no more likely to pay out the larger prize after 1,, spins than it was after 10 spins. Your brain is wired to spot patterns. Normally this works in our favour because it helps us make everyday decisions. We can often spot the best waves at the beach before they break, and we can choose the best time to drive to work based on what's happened in the past.

But when playing pokies, this strength becomes our weakness. The outcome of each spin is random, meaning past spins don't have any bearing on the result of future spins. Players who are physically and psychologically comfortable will occupy their seats for longer periods of time.

This encourages you to gamble for longer and risk losing more money. Ever felt like you are in the zone, where nothing else matters except for what you are doing at that very moment? The sights, sounds and motion of a pokie machine can produce a similar effect. It can feel like time, space, monetary value, and social responsibilities are suspended. Many pokie players talk about getting in the zone also known as "suspended animation". The zone can be very powerful.

Las Vegas casinos have recorded video footage of slot machine gamblers who continue to play, while failing to notice a man lying on the floor next to them who has had a heart attack. Their eyes remain glued to the machines even as the man begins to receive first aid and defibrillator shocks.

Another video shows gamblers so absorbed in play that they fail to notice rising flood waters lapping at their feet or fire alarms blaring in their ears. Pokie machines are designed to be very absorbing. While this can be entertaining, it pays to be careful and not lose sight of your surroundings. Make a plan for how much time and money you want to spend, and stick to it. Take regular breaks and remember, the more time you play, the more you are likely to lose. Every spin is random.

On top of this, machines give the impression that you have almost won - so you keep playing. A loss is a loss and the symbols displayed above or below the payline have nothing to do with how close you were to winning the jackpot.

They give you the feeling that you are doing better than you really are. Small wins like free spins are designed to keep you playing for longer with the aim of returning the most money to the pokie owner.

More often than not, the total amount spent will be more than you win, so on the whole, you lose. If you choose to play online pokies , be wary of high payout rates. If they seem too good to be true, they probably are.

Once they get you hooked, they will invite you to buy real credits. The free trials or practice sessions often to pay out credits more often than the real game. This can lead to false ideas about how often you will win. Take the gambling test to find out what sort of gambler you are. Learn the signs of harmful gambling.

Know the signs How much are you spending? Real life stories Test your gambling Controlling gambling Staying in control Sharing and talking Keeping busy Test your gambling Concerned for someone? You are here Home Understand gambling How pokies work. Can you beat or cheat a modern slot machine? Select your pokie machine You'll never see them the same way again.

Click on the grey dots below to reveal their inner secrets At your fingertips Reels Losses disguised as wins Too good to be true Buttons galore!

Cashing out a pokie machine and putting the money back in does not reset the machine. Why are pokies so addictive? Do whatever you need to do — go and lie down, have a triple-shot coffee, or relax with a glass or two of your favourite glass of wine and let it embrace you. Having accepted you need to pay, the next thing to do is to plan for income tax. Find out when you have to pay and how much. That means getting a good accountant and having your accounts and tax returns prepared early.

Ask the accountant to let you know about future tax instalments. Knowing what you have to pay and when is absolutely vital so you can either allocate some money or start saving for the inevitable. Many seem to think that if you ignore income tax it will just go away and that you can spend your money on more important personal things. Two dead after overnight crashes in lower South Island, with another two killed in the north.

High percentage of ill-fitting car seats concern police. Restored Santa's sleigh due to jingle all the way in Tapanui Christmas parade. Farmers spilled out of a Winton hall as hundreds of them gathered at a meeting, concerned about the discovery of Mycoplasma bovis in Southland. Transport costs to move ouvea premix to port proves stumbling block in deal. It's time to get rid of pokie machines in New Zealand.

Have you battled an addiction? Share your stories, photos and videos. Wellbeing and singing help with mental health awareness National Homepage. Celebrating years with donation. Hot cabaret on Waiheke. Pedestrian hit by car. Wellington flats are hot property. Two die on SI roads. Theft ruins Christmas trip. Fire chief's home burns. Woman, 24, killed in crash. Hospital stops feeding poor. Fleeing driver hits cop, ditches car. Flochella floats into town.

Aquatic Centre protesters make a splash. Flash flooding flows into home. Wave goodbye, freedom campers. Witt cuts courses, staff. Gang member can stay. PS I love you. The buzz on paper wasps. Hot spell yields bumper crops.

Tractor driver died a hero. Bohally to be zoned. On the fast track. Bad year on our roads.

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