HMRC and Treasury propose single UK remote gambling tax
HM Revenue & Customs and the Treasury have proposed replacing three remote gambling duties with one Remote Betting & Gaming Duty and opened a 12-week consultation ending on 21 July. The existing rates are 21% for remote gaming and 15% for general and pool betting; the government expects to set out its final plans in the autumn budget. The Betting and Gaming Council warned that aligning betting duty with the remote gaming rate could raise taxes for the sector.
A single duty could change operators’ tax liabilities, particularly if betting duty rises from its current 15% rate.