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Chancellor: gambling operators must pay ‘fair share’ of tax
['Robert Fletcher']
iGB
The chancellor said the government will "make sure" gambling operators pay a fair rate of tax.
UK Chancellor Rachel Reeves has given an indication that taxes on gambling will rise in the next budget, saying the government will “make sure” operators pay their “fair share” of tax.
Writing to the chancellor, the MPs have instead called for a “targeted” levy on online gambling operators active in the UK.
This, it said, would bring the UK more in line with other jurisdictions across Europe and the US, where online gambling tax rates reach 50% or more.
Industry bodies hit out at higher tax plansUnsurprisingly, the industry has not responded kindly to the proposals to increase gambling tax.