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BN76 : Consequential Amendments
to the Betting and Gaming Duties Legislation
Who is likely to be affected?
- Anyone who operates a betting or gaming business in the United Kingdom.
General description of the measure
- The Gambling Act 2005 will repeal much of the current social law for
betting, gaming and lotteries. The tax law for betting, gaming and lotteries
depends on many cross-references to the social law for definitions of certain
terms and expressions. When the Gambling Act is fully implemented many of
these references will become redundant – this is expected to be on
1 September 2007.
- Legislation to be introduced in Finance Bill 2007 will make changes to
the betting and gaming duties legislation to either update the social law
cross-references, or replace them with new free-standing definitions that
are independent of the social law.
Operative date
- Changes that introduce new free-standing definitions will have effect
from the date Finance Bill 2007 receives Royal Assent.
- Changes that introduce new cross-references to the Gambling Act will
be brought into effect by Treasury Order at a later date.
Current law and proposed revisions
- Part 1 of and Schedule 3 to Finance Act 1966, section 1 of the Customs
and Excise Management Act 1979, the Betting and Gaming Duties Act 1981,
Part 1 Chapter 2 of the Finance Act 1993, and Part 1 of, and Schedule 1
to the Finance Act 1997 will be amended to reflect these changes.
Further advice
- Notices 147 (Pool Betting Duty), 451 (General betting duty), 453 (Gaming
Duty), 454 (Amusement machine licence duty), 457 (Bingo Duty), and 458 (Lottery
Duty) will be amended as appropriate.
- If you have any questions about this change, please contact HMRC
National Advice Service.