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Gibraltar and the Isle of Man have fallen into line with the rules for UK’s new gambling taxes, which will come into force on 1 December.
A business with a liability to general betting duty (GBD), pool betting duty (PBD) or remote gaming duty (RGD) and which is not in a group will, in most cases, need to appoint a representative in the UK if the firm is based outside the EU.
Gibraltar and the Isle of Man have fallen into line with the rules for UK’s new gambling taxes, which will come into force on 1 December.
A business with a liability to general betting duty (GBD), pool betting duty (PBD) or remote gaming duty (RGD) and which is not in a group will, in most cases, need to appoint a representative in the UK if the firm is based outside the EU.
Gibraltar’s tax authorities have agreed to enforce UK gambling duty debts incurred by operators based in the territory, meaning they will not need to appoint a representative in the UK. An agreement along similar lines has been agreed in principle with the Isle of Man.
The UK is currently engaged in discussions with Guernsey and Alderney with a view to making comparable accords.
Gambling operators that wish to appoint representatives are invited to contact the Revenue’s gambling tax policy team in an email that must include the name of the business, the relevant tax (GBD, PBD or RGD), and the name and telephone number of a contact within the business.
Operators liable to GBD, PBD or RGD for the first time from December must register with HMRC. The online sign-up process will open in early autumn.
Existing taxpayers will be informed by the taxman as to what to do and should not use online registration, because they will be registered automatically for the reformed taxes.
