UK political figures back proposed gambling tax increases
Labour deputy leadership candidate Lucy Powell said she supported raising taxes on gambling companies, while former prime minister Gordon Brown also backed proposals, according to reported remarks. The Social Markets Foundation and Institute for Public Policy Research have proposed a Remote Gaming Duty of up to 50% on products including online slots; the government said it was reviewing gambling taxes and would announce any changes in autumn.
Operators should monitor the government’s tax review because proposed changes could affect UK gambling tax liabilities.