Category: Betting, Bookmakers, Horse Racing, Ladbrokes, Sport, William Hill //
Representives from the leading UK bookmakers William Hill and Ladbrokes have issued a warning to the Chancellor that any attempt to increase taxes and regulations in the April budget will lead to job losses and shop closures amid fears that the government is considering a raise of gross profits tax from 15pc to 17pc. An [...]
continue reading “Bookmakers issue job loss warning to UK government”
Category: Betting, Casino, Poker //
The British overseas territory of Gibraltar has won its appeal against an earlier ruling the European Commission after a period of four years and will now be allowed to carry on charging much lower rates of corporate tax than the United Kingdom that has allowed companies to benefit enormously. Gibraltar is currently the base for [...]
continue reading “Gibraltar wins tax case against European Commission”
Category: Betting, Bookmakers, Boylesports, Paddypower //
The Irish Government has confirmed this week that is has no plans to tax bookmakers operating over the telephone or online because it needs to spend more time researching the industry. Brian Lenihan the Irish minister for Finance declared that the tax on land based bookmakers was to doubled to two per cent on turnover [...]
continue reading “No tax increase on Irish online gambling”