TaxCorporate TaxBrown happy to discuss tax concerns with bingo bosses

Brown happy to discuss tax concerns with bingo bosses

Chancellor will continue to look into matters

Gordon Brown has
offered to meet with bingo bosses to among other things talk about the levels of
taxation in the gaming industry, Reuters has reported.

Industry bosses have complained
that bingo is taxed twice as
VAT is charged on the price players pay for each bingo game – a participation
fee – while gross profit is also taxed.

He also said chancellor Alistair Darling was also looking into the matter.

‘I can assure you that the
Chancellor of
the Exchequer
will continue to look at these matters but I am also very
happy to meet up to talk about it,”

Further reading:

Bingo seeks VAT relief to clear smoke

Bingo halls wait on tax break to offset smoking ban

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