Which will be 15% of a remote gaming provider's profits
UK to introduce remote gaming duty in September
(UK).- HM Revenue and Customs has announced that a tax will be introduced on the gaming profits of remote gaming operators next September 1, to coincide with the full implementation of the Gambling Act 2005.
2007-08-16
Reading time 19 seg
HMRC confirmed that the remote gaming duty will be 15% of a remote gaming provider's profits at the end of each accounting period. This is the difference between stakes and payments due for participating in remote gaming, less amounts that the operator has paid out as winnings during the accounting period.
Remote gaming, according to HMRC, means playing a game of chance for a prize through any kind of remote communication, for example via the internet, telephone or interactive TV.
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