Gambling Levy Reform in the UK

The rules for General Betting Duty, Pool Betting Duty and Remote Gaming Duty have changed

Deadline for Registration was 1 December 2014


What has Changed?

HM Revenue & Customs (HMRC) have changed how these duties are levied. Previously they are levied on a “place of supply” basis, but as of the 1 December 2014 they are levied on a “place of consumption” basis.

What is the Impact?

If you offer remote gambling to UK based customers you will become liable to one or more of these duties, wherever in the world your business is located.

What Next?...

You must have registered with HMRC by 1 December 2014.

A separate registration is required for each duty you will be liable for. Once registered you will be required to submit regular returns to HMRC covering each duty you are liable for and pay the appropriate amounts of duty owed in Pounds Sterling (GBP).

You may also need to appoint a Representative if your business is not based in;
  • the UK, European Union, New Zealand or South Africa
  • a jurisdiction which has an agreement with the UK to enforce gambling tax debt collection

FiscalReps can;
  • act as your Financial Representative or Administrative Representative
  • ensure you submit the correct registrations to HMRC
  • prepare & submit regular returns on your behalf
  • arrange for settlement of duty owed on your behalf
  • manage all on-going administration with HMRC

FiscalReps are also able to help you create the necessary internal reporting and compliance structure to correctly identify and account for all gambling levies payable to HMRC.

Our fee to act as your Financial Representative in respect of all three gambling duties is a one-off GBP1,000 to cover initial registration and GBP5,000 per annum for ongoing compliance.

If you need to appoint a Representative you must appoint either a;

Financial Representative who is;
  • Based in the UK
  • Prepared to accept joint & several liability for your duty payable
FISCALREPS CAN PROVIDE THIS SERVICE

or

Administrative Representative who is;
  • Based in the UK
  • But you will be required to provide a security deposit to HMRC to cover six months estimated duty payable
FISCALREPS CAN PROVIDE THIS SERVICE

If you do not need to appoint a representative you are still responsible for registration with HMRC and ongoing settlement of relevant gambling levies.


To discuss your businesses UK Gambling Levy obligations please contact:
    
Mike Stalley FCA       
Chief Executive Officer      
mike.stalley@fiscalreps.com  

Peter Hewitt FTII
Head of European Indirect Tax Practice 
peter.hewitt@fiscalreps.com