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R Kings and other car raffles

12467…58

Comments

  • #92
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    ted1 wrote: »
    GAA clubs are using the same model with houses.

    I think a GAA club is non profit.


  • #93
    Midnight_EG
    Registered Users Posts: 9,694 ✭✭✭Midnight_EG


    Duke O Smiley wrote: »
    You seem incredibly begrudging of them for some reason. Like really salty

    He's thousands into buying tickets with no wins I'd say


  • #94
    bigpink
    Banned (with Prison Access) Posts: 4,552 ✭✭✭bigpink


    ted1 wrote: »
    GAA clubs are using the same model with houses.

    They not licenced draws?


  • #95
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    bigpink wrote: »
    They not licenced draws?

    Yup could be, is it possible so is R kings?


  • #96
    bigpink
    Banned (with Prison Access) Posts: 4,552 ✭✭✭bigpink


    tuxy wrote: »
    Yup could be, is it possible so is R kings?

    No i mean any Gaa draw ive seen has had something abkut a Garda permit and number


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  • #97
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    bigpink wrote: »
    No i mean any Gaa draw ive seen has had something abkut a Garda permit and number

    R Kings could be getting a licence from the authorities in Northern Ireland.


  • #98
    Del2005
    Registered Users Posts: 18,848 ✭✭✭✭Del2005


    Because these are not a valid draw along with the VRT for the NI reg cars is there a tax risk? This isn't gambling or a lottery so essentially you are receiving a gift and that is taxable


  • #99
    Speakerboxx
    Registered Users Posts: 1,023 ✭✭✭Speakerboxx


    I know someone who won a car recently on it.


  • #100
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Del2005 wrote: »
    Because these are not a valid draw along with the VRT for the NI reg cars is there a tax risk? This isn't gambling or a lottery so essentially you are receiving a gift and that is taxable

    Yes anything over €16,250 would have tax due at 33%


  • #101
    Atlantic Dawn
    Registered Users Posts: 81,014 ✭✭✭✭Atlantic Dawn
    M


    Anyone conducting any financial transaction on Facebook is a backward.


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  • #102
    MEGA BRO WOLF 5000
    Registered Users Posts: 17,351 ✭✭✭✭MEGA BRO WOLF 5000


    It’s legit. My buddy won a 162 320d coupe on it, think he got stung for a few thousand when we went to VRT it though.


  • #103
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Hunky Monster wrote: »
    It’s legit. My buddy won a 162 320d coupe on it, think he got stung for a few thousand when we went to VRT it though.

    Finally someone with so real info on it.

    Is it difficult to get the licence to run a raffle like this? And does the licence exempt the winners from paying gift tax?


  • #104
    jimmycrackcorm
    Registered Users Posts: 14,326 ✭✭✭✭jimmycrackcorm


    I was wondering how the winners are picked, but it's a live facebook video and using google random generator

    Still, its possible to create a fake proxy to point to a localhost website for google and run your own "fixed" random generator, which also happens to update your Excel sheet also with your chosen winner.


  • #105
    Corben Dallas
    Registered Users Posts: 1,580 ✭✭✭Corben Dallas


    Total scam run on facebook. More than likely running an illegal "raffle", who verifies that the draw is even run?

    Even if they do give out prizes, its probably a mate who been prearranged to "win" etc. BOGUS.


  • #106
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Corben Dallas wrote: »
    Total scam run on facebook. More than likely running an illegal "raffle", who verifies that the draw is even run?

    Even if they do give out prizes, its probably a mate who been prearranged to "win" etc. BOGUS.

    Not necessarily. Without keeping the car they still make a large amount of money.
    And the more real winners the more fools that will enter the next one.

    It's the whole legality of the business that I don't get, I just don't understand how they manage to do this illegally. But maybe there is a way, so an answer to how it is done interests me.


  • #107
    MEGA BRO WOLF 5000
    Registered Users Posts: 17,351 ✭✭✭✭MEGA BRO WOLF 5000


    tuxy wrote: »
    Finally someone with so real info on it.

    Is it difficult to get the licence to run a raffle like this? And does the licence exempt the winners from paying gift tax?

    You’re asking the wrong man. All I know is he paid €25 for a ticket, I went to double check his Facebook there and any hint he won the car has been scrubbed, it was ALL over Facebook a few weeks ago when he won. Mind you I’d probably do the same. I’d say they make you take photos and do promo stuff when you pick it up. He definitely has the car though so it’s legit.

    He’s in Tipperary by the way.


  • #108
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Hunky Monster wrote: »
    You’re asking the wrong man. All I know is he paid €25 for a ticket, I went to double check his Facebook there and any hint he won the car has been scrubbed, it was ALL over Facebook a few weeks ago when he won. Mind you I’d probably do the same. I’d say they make you take photos and do promo stuff when you pick it up. He definitely has the car though so it’s legit.

    Yeah if he was to pay the gift tax(33% of value) on top of the VRT it would get very expensive. Makes sense he would delete it.


  • #109
    MEGA BRO WOLF 5000
    Registered Users Posts: 17,351 ✭✭✭✭MEGA BRO WOLF 5000


    tuxy wrote: »
    Yeah if he was to pay the gift tax(33% of value) on top of the VRT it would get very expensive. Makes sense he would delete it.

    I got nosey, they've pics of everyone who's won on their official R Kings website, his pic is still there but all "evidence" he's won has been scrubbed from all of his social media.


  • #110
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Hunky Monster wrote: »
    I got nosey, they've pics of everyone who's won on their official R Kings website, his pic is still there but all "evidence" he's won has been scrubbed from all of his social media.

    Maybe he requested it to be removed, I know I would.
    The picture may have been in the terms and conditions. It benefits them if they can show a winner.


  • #111
    Dravokivich
    Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,360 CMod ✭✭✭✭Dravokivich


    Hunky Monster wrote: »
    It’s legit. My buddy won a 162 320d coupe on it, think he got stung for a few thousand when we went to VRT it though.

    A 2016 3 series coupe? Weren't they all 4 series by then?


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  • #112
    MEGA BRO WOLF 5000
    Registered Users Posts: 17,351 ✭✭✭✭MEGA BRO WOLF 5000


    Dravokivich wrote: »
    A 2016 3 series coupe? Weren't they all 4 series by then?

    Ah you’re right, it is. Look the same to me.


  • #113
    Scubasteve182
    Registered Users Posts: 5 ✭Scubasteve182


    I know one of the owners of a similar large competition company in England and they use the same method and all above board, in actual fact another one was on dragons den and got a couple of investors too, so I think personally it must be above board, and in regards to the revenue and taxes, I think they would find it hard to hide anything if all entries are paid for through the bank and cars are paid for with bank transfer like a few have said on here already, To me it seems like there is a bit of jealousy going on here, this is one of the biggest problems with this country in my opinion, in that we can't celebrate others success we would rather attempt to find a flaw and shoot them down. Also I did do a bit of digging and on company house both addresses seem to be legit and I can't find this field being spoke of so not sure if that is just an attempt to tarnish a reputation before checking anything first or if you put a digit wrong on Google maps.


  • #114
    Lofidelity
    Registered Users Posts: 199 ✭✭Lofidelity


    It looks so simple its strange nobody thought of it before.

    The biggest winner in all this is their supplier of replica alloys and tinting film.


  • #115
    Cee-Jay-Cee
    Registered Users Posts: 12,235 ✭✭✭✭Cee-Jay-Cee


    colm_mcm wrote: »
    As far as I know, any raffles which do not have a charitable purpose aren’t legal in Ireland.

    There were amendments to the gaming and lotteries act discussed in the Seanad before Christmas but I don’t know if that bit was changed recently.

    They’re based in Northern Ireland.


  • #116
    SteelyDanJalapeno
    Registered Users Posts: 14,233 ✭✭✭✭SteelyDanJalapeno


    Shur dont we raffle houses down south? 500 a ticket, whats the difference


  • #117
    Midnight_EG
    Registered Users Posts: 9,694 ✭✭✭Midnight_EG


    Lofidelity wrote: »
    It looks so simple its strange nobody thought of it before.

    The biggest winner in all this is their supplier of replica alloys and tinting film.

    Why? They don't do a thing to the cars except buy them?


  • #118
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    SteelyDanJalapeno wrote: »
    Shur dont we raffle houses down south? 500 a ticket, whats the difference

    Do you mean the licenced house raffles run by organisations like the GAA?
    Or the illegal ones?


  • #119
    sc86
    Registered Users Posts: 2,878 ✭✭✭sc86


    The country is in the grip of a pandemic and there is lads on here salty over a legit company making a few pound from a very simple idea.

    I love ireland , and i love our culture etc , but the begrudgery in our nature is our worst aspect, reading the replies here is jaw dropping , and in some cases quiet sad.

    They raffle a good standard of car , they wont buy rubbish and there is genuine winners , nobody is forced to enter.
    If a guy wins a 20k car for 20 quid , good for him , if the guy who raffles it makes a few quid , good for him also.


  • #120
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    sc86 wrote: »
    The country is in the grip of a pandemic and there is lads on here salty over a legit company making a few pound from a very simple idea.

    I love ireland , and i love our culture etc , but the begrudgery in our nature is our worst aspect, reading the replies here is jaw dropping , and in some cases quiet sad.

    They raffle a good standard of car , they wont buy rubbish and there is genuine winners , nobody is forced to enter.
    If a guy wins a 20k car for 20 quid , good for him , if the guy who raffles is makes a few quid , good for him also.

    I'm mostly interested in understanding the law.
    How are license obtained for this and how does it differ from licences in the republic?


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  • #121
    sc86
    Registered Users Posts: 2,878 ✭✭✭sc86


    tuxy wrote: »
    I'm mostly interested in understanding the law.
    How are license obtained for this and how does it differ from licences in the republic?

    Id say your best ring the raffle police and ask them if you so worried.


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