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Great britain government authorized on Wednesday the proposed increase in Gaming Duty bands on gross video gaming yield produced by UK-licensed casino operators included in the nation’s 2016 spending plan.
The rise will be effective for accounting periods beginning on or after 1 april. Currently, operators conform to the bands occur https://online-casinos-vip.com/davinci-diamonds-slot/ the Finance Act 2015. Income tax prices at current stand at 15% to 50per cent. Really, operators pay a 15% income tax on the£ that is first million associated with gaming that is gross they produce. Then, the tax premium rises 20% for the£ that is next million, 30% for he next £2.8 million, 40% for the following £5.6 million, and 50% for gross video gaming yield of significantly more than £5.6 million.
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