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Gambling duties double taxation relief
July 25, 2012

A new form has been released by HMRC to claim relief from double taxation by UK operators who pay General Betting Duty (GBD), Remote Gaming Duty (RGD) and Pool Betting Duty (PBD) in the UK and also pay corresponding taxes on the same transactions in other countries.

The introduction of double taxation relief is relevant to UK Gambling companies offering remote gambling to overseas customers. The measure was introduced to help ensure that UK based operators do not suffer from double taxation as other countries introduce place of consumption based taxation regimes for remote gambling.

The relief is meant to encourage UK gambling companies to remain in the UK protecting UK tax revenues and jobs. The double taxation relief has effect for accounting periods for UK gambling duties ending on or after 1 April 2012.



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