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Can you summarize Charges, rates, thresholds etc > Gambling?
Charges, rates, thresholds etc > Gambling
Short Summary
This legal document, part of the UK Public General Acts, specifically the Finance Act 2007, introduces a remote gaming duty applicable to entities that provide facilities for remote gaming. Amendments and provisions related to Part 2 of the Betting and Gaming Duties Act 1981 are included in Schedule 1 of the Act. The amendments come into effect for the provision of facilities on or after a date appointed by the Commissioners for Her Majesty’s Revenue and Customs. Another section of the document, Section 23 of the BGDA 1981, amends the amount of duty payable on an amusement machine licence, granting the Commissioners the authority to substitute a higher sum if deemed appropriate. The document also amends the rates of gaming duty in the UK, specifying the rates based on the gross gaming yield. These amendments apply to accounting periods beginning on or after 1st April 2007. The document does not mention any specific exemptions or penalties for non-compliance.
Whom does it apply to?
Entities that provide facilities for remote gaming, individuals or entities holding an amusement machine licence
What does it govern?
Remote gaming duty, amount of duty payable on an amusement machine licence, rates of gaming duty in the UK
What are exemptions?
No specific exemptions are mentioned
What are the Penalties?
No specific penalties are mentioned
Jurisdiction
United Kingdom