All posts with the topic: GPT

As expected, the Chancellor has announced that gaming machines will be moved into the VAT exemption for gambling and, at the same time, a new Machine Games Duty will be introduced (being a form of GPT for machines).  The news is that the headline rate of the new duty will be set at 20%.  More … Continue reading Changes to gambling duties

Darling’s announcement of a 2% reduction in the rate of bingo duty (to 20%) was the (apparent) good news.  However, the fact that such reduction is to take effect from a date to be announced in next year’s Spring Budget is very disappointing.   So the Chancellor’s headline-grabbing comment (which got one of the biggest cheers … Continue reading Gambling Duties