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Can you summarize Charges, rates, allowances, reliefs etc > Gambling duties?
Charges, rates, allowances, reliefs etc > Gambling duties
Short Summary
This legal document covers two aspects of gambling duties in the UK. Firstly, it pertains to the amusement machine licence duty and specifies the amount of duty payable based on different categories and the duration of the licence. The document includes a table outlining the duty amounts for each category and duration. The amendment made by this document applies to applications received after 4pm on 14 March 2008. Secondly, the document addresses the rates of gaming duty applicable to different parts of the gross gaming yield. The rates are defined as follows: 15% for the first 1,911,000, 20% for the next 1,317,000, 30% for the next 2,307,000, 40% for the next 4,869,500, and 50% for the remainder. The amendment made by this document is effective for accounting periods beginning on or after 1 April 2008. These documents apply to gambling operators subject to amusement machine licence duty and gaming duty in the UK. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Gambling operators subject to amusement machine licence duty and gaming duty in the UK
What does it govern?
Amusement machine licence duty, rates of gaming duty
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
United Kingdom