TaxPersonal TaxBookee ups the stakes on betting tax with offshore move

Bookee ups the stakes on betting tax with offshore move

William Hill has hit out at the government's reluctance to reduce betting duty as it prepares to launch an internet-based tax-free betting service aimed at UK customers this week.

A spokesman said: ‘We must re-emphasise that we have taken this step because our case for reducing betting duty in the UK has as yet gone unanwered by the government. We cannot afford to see our business ebb away.’

William Hill has been among betting industry representatives calling for a reduction in the 9% UK betting tax in response to the growth of offshore betting in cheaper jurisdictions.

William Hill plans to offer two services. One, based on the internet, will be completely deduction-free.

A telephone service, based in Ireland, will deduct 3%.

The services will include odds on all sports.

Racing to stop betting tax losses

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