UK Confirms Higher Taxes on Online Gambling Activities
The United Kingdom government has formally confirmed that it will increase taxes on online gambling, backing recommendations made by the Treasury Committee and setting out changes first announced in Chancellor Rachel Reeves’ Autumn Budget. Ministers said the decision reflects concerns about the growth of digital betting and its associated harms, while deliberately shielding traditional forms of gambling from higher duties. According to the government’s response published on the UK Parliament website, the revised tax framework is expected to generate more […] The post UK Confirms Higher Taxes on Online Gambling Activities appeared first on World Casino News.
The United Kingdom government has formally confirmed that it will increase taxes on online gambling, backing recommendations made by the Treasury Committee and setting out changes first announced in Chancellor Rachel Reeves’ Autumn Budget. Ministers said the decision reflects concerns about the growth of digital betting and its associated harms, while deliberately shielding traditional forms of gambling from higher duties. According to the government’s response published on the UK Parliament website, the revised tax framework is expected to generate more […]
The post UK Confirms Higher Taxes on Online Gambling Activities appeared first on World Casino News.
