HMRC launches online registration for PoC tax

HMRC launches online registration for PoC tax

Monday, November 3, 2014 Totally Gaming

HM Revenue and Customs (HMRC), the UK tax authority, has launched online registration today (Monday) for businesses that offer gambling to UK customers from offshore.

Companies that will be liable to pay tax under the new rules for remote gaming duty, general betting duty and pool betting duty from December 1 can register from today at https://www.gov.uk/gambling-tax-service-registration-guide.

Sally Beggs, HMRC’s deputy director of gambling taxes, urged companies liable for the taxes – which will shift from a place-of-supply to point-of-consumption basis from next month – to register as soon as possible.

“These new rules mean that all remote gambling businesses, whether based in the UK or elsewhere, will be taxed on the same basis,” Beggs said.

“This will provide a level playing field so that all gambling by UK consumers is subject to UK tax.

“If your business is affected by these changes, you should register online as soon as possible and review your systems and procedures, in readiness for December 1.”  

Remote gaming duty applies to remote gaming, such as casino games and bingo played over the internet, while general betting duty applies to fixed-odds betting and pool betting on horse and dog racing.

Pool Betting Duty applies to pool betting, other than on horse and dog racing, and non-fixed-odds betting.

Under the new rules, some businesses will need to appoint an HMRC-approved representative in the UK, while UK-based operators that provide remote gambling services to customers who do not usually live in the UK will no longer be liable to the taxes on such transactions.

HMRC said that it had written to UK-based betting businesses and other operators who are already liable to these taxes, asking them to update the details which are held about them.

More information about the changes can be found by visiting https://www.gov.uk/gambling-tax-reform-new-rules-from-1-december-2014.

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