Online Gambling Operators Urged To Register For V.a.t.

Registrations accepted online

Her Majesty's Revenue and Customs (HMRC) has advised that internet gambling operators can now register online for tax duties relating to online gambling services, urging operators licensed in the UK to use the facility before changes to remote gambling laws relating to tax come into effect on 1 December.

Operators who are liable to the taxes are asked to register corporate information at:

Sally Beggs, HMRC Deputy Director, Gambling Taxes, said in a statement:

"These new rules mean that all remote gambling businesses, whether based in the UK or elsewhere, will be taxed on the same basis. This will provide a level playing field so that all gambling by UK consumers is subject to UK tax.

"If your business is affected by these changes, you should register online as soon as possible and review your systems and procedures, in readiness for 1 December."

The new rules mean that some businesses will need to appoint a HMRC-approved representative in the UK.

UK-based operators that provide remote gambling services to customers who do not usually live in the UK will no longer be liable to the taxes on such transactions. Businesses such as casinos and bingo halls are not affected unless they offer remote betting or gaming.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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