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
the Exchequer will continue to look at these matters but I am also very
happy to meet up to talk about it,”
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states