Market leading insight for tax experts
View online issue

Betting Exchanges

Julie Butler, Butler & Co, discusses the Government's commitment to review the tax position of betting exchanges and their clients

 
Julie Butler Butler & Co discusses the Government's commitment to review the tax position of betting exchanges and their clients
 
The betting industry has been the focus of a lot of media Government and Inland Revenue attention of late.
 
The 2004 Budget included a commitment to review the tax position of the betting exchanges (intermediaries) and their clients. At the centre of discussions is the powerful draft Gambling Bill and recent review by the Joint Scrutiny Committee. The latter reported its findings to Parliament (the Department of Culture Media and Sport (DCMS)) earlier this year.
 
The Budget did mention under the section of 'Building a fairer society'...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top