New Posts For Thread: Online Gambling Firms To Pay 15% Tax In UKhttps://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-ukI have seen this mentioned on a different forum. What do people think?http://news.sky.com/story/1129538/online-gambling-firms-to-pay-15-percent-tax-in-ukIf it is all now just about Sajid Javid trying to raise extra tax it will be interesting to see if hills and co contest it on a European level given that the UK is now a mature market. At least everyone has shown their cards now.https://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534938923#534938923If it is all now just about Sajid Javid trying to raise extra tax it will be interesting to see if hills and co contest it on a European level given that the UK is now a mature market. At least everyone has shown their cards now.Thu, 22 Aug 2013 14:30:26 -0500this is the draft licensing billhttp://services.parliament.uk/bills/2013-14/gamblinglicensingandadvertising.htmland heres a link to the tax stuffhttps://www.gov.uk/government/news/gambling-tax-new-rules-and-sanctions-to-prevent-avoidance-by-gambling-https://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534934437#534934437this is the draft licensing billhttp://services.parliament.uk/bills/2013-14/gamblinglicensingandadvertising.htmland heres a link to the tax stuffhttps://www.gov.uk/government/news/gambling-tax-new-rules-and-sanctions-to-prevent-avoidance-by-gambling-Thu, 22 Aug 2013 11:38:44 -0500frog2, no link specific but just aware through conversation with someone in banking when I asked him how any government could regulate internet business (besides simply blocking ip's).But this is really easily to implement.And it will be simple to imhttps://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534930865#534930865frog2, no link specific but just aware through conversation with someone in banking when I asked him how any government could regulate internet business (besides simply blocking ip's).But this is really easily to implement.And it will be simple to imThu, 22 Aug 2013 09:28:17 -0500Is the same government going to do the very same thing to make their own donors avoid paying any taxes?Hmmmmm.https://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534930845#534930845Is the same government going to do the very same thing to make their own donors avoid paying any taxes?Hmmmmm.Thu, 22 Aug 2013 09:27:51 -0500The sham regulators in gib and malta have brought this on themselves and I look forward to them all losing their jobs.https://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534930771#534930771The sham regulators in gib and malta have brought this on themselves and I look forward to them all losing their jobs.Thu, 22 Aug 2013 09:25:12 -0500it will be illegal to accept bets without being licensed by the uk gambling commission and anyone who doesn't pay their tax will lose their license. So obv the big companies aren't going to allow their CEOs to be dragged through the courts.https://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534930741#534930741it will be illegal to accept bets without being licensed by the uk gambling commission and anyone who doesn't pay their tax will lose their license. So obv the big companies aren't going to allow their CEOs to be dragged through the courts.Thu, 22 Aug 2013 09:23:46 -0500Thanks Shapeshifter for the info. Have you got a weblink to that because I cannot find anything on how the UK governement plans to enforce it.The reason the government originally said the change was necessary was to make sure UK customers were protechttps://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534898239#534898239Thanks Shapeshifter for the info. Have you got a weblink to that because I cannot find anything on how the UK governement plans to enforce it.The reason the government originally said the change was necessary was to make sure UK customers were protecWed, 21 Aug 2013 03:05:20 -0500Enforcement done through a banking system. They may need to set up an account within the UK. Banks are instructed to only allow payments to company XYZ to be done to that UK accounts.https://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534885599#534885599Enforcement done through a banking system. They may need to set up an account within the UK. Banks are instructed to only allow payments to company XYZ to be done to that UK accounts.Tue, 20 Aug 2013 14:34:50 -0500Be interesting to see how they enforce it. How can they stop offshore firms accepting bets from the UK?https://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534885463#534885463Be interesting to see how they enforce it. How can they stop offshore firms accepting bets from the UK?Tue, 20 Aug 2013 14:30:51 -0500I have seen this mentioned on a different forum. What do people think?http://news.sky.com/story/1129538/online-gambling-firms-to-pay-15-percent-tax-in-ukhttps://community.betfair.com/general_betting/go/thread/view/94082/30052941/online-gambling-firms-to-pay-15-tax-in-uk?post_id=534881257#534881257I have seen this mentioned on a different forum. What do people think?http://news.sky.com/story/1129538/online-gambling-firms-to-pay-15-percent-tax-in-ukTue, 20 Aug 2013 11:58:04 -0500