Gaming group Rank wants tax reform
15% rate should cover everything, says betting company
A uniform rate would lower administrative costs of tax compliance and
collection, increase the country’s tax income and create onshore jobs, Rank said
in its report ‘Responsible Taxation – Fairness, Simplicity, Sustainability’.
Rank has recently fought the taxman in the courts over VAT.
Ian Burke, chief executive at Rank, said: “At the moment the gaming and
betting activities of UK consumers are subject to a patchwork quilt of taxation,
without any apparent logic or relationship to social policy.”
Rank disclosed a 20% rise in its 2009 profit to £48.5m.