Gambling: Taxation

(asked on 7th November 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has made a comparative assessment of taxation rates for (a) land-based and (b) remote gambling operators.


Answered by
James Cartlidge Portrait
James Cartlidge
Minister of State (Ministry of Defence)
This question was answered on 14th November 2022

A range of duty rates apply to different forms of gambling. Bingo duty is 10% of gross profit. Lottery Duty is 12% of ticket value. General Betting Duty is 15% of gross profit for general bets, 10% of gross profit for sports spread betting or 3% of gross profit for financial spread betting. Pool Betting Duty is 15% of gross profit. Remote Gaming Duty is 21% of gross profit. Gaming Duty is 15-50% of gross gaming yield. Machine Games Duty is 5% of gross profit at the lower rate, 20% of gross profit at the standard rate and 25% of gross profit at the higher rate.

As with all taxes, the Government keeps gambling taxation under constant review and welcomes representations from stakeholders to inform policy development.

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