BN 61 - Gaming Duty: Revalorisation of Duty Bands

Who is likely to be affected?

  1. Casino operators.

General description of the measure

  1. The Gross Gaming Yield (GGY) threshold for each duty band will be increased in line with inflation.

Operative date

  1. The changes to the duty bands come into effect for accounting periods starting on or after 1 April 2006.

Current law and proposed revisions

  1. The new duty bands are as shown below:
  • The first £546,500 of GGY - 2.5%
  • The next £1,212,500 of GGY - 12.5%
  • The next £1,212,500 of GGY - 20%
  • The next £2,124,000 of GGY - 30%
  • The remainder - 40%
  1. Section 11 of the Finance Act 1997 and regulation 5 of the Gaming Duty Regulations 1997 will be amended to reflect these changes.

Further advice

  1. If you have any questions about this change, please contact the National Advice Service on 0845 010 9000.