UK Government changes remote gambling tax

21/03/2012 | By More

During his budget speech today George Osbourne has announced plans to change the tax treatment of gambling tax so that it is generated at the point of consumption.

Depending on how it is implemented, this effectively stomps on offshore operators offering services to the UK while avoiding paying UK tax on those profits.

We have yet to see the detail yet, but that’s the breaking news.

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Category: Industry news

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I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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