UK Law and Practice Contributed by: Bahar Alaeddini, David Whyte and Jessica Wilson, Harris Hagan
GBP3.243 million; (d) 40% of gross gaming yield for the next GBP6.845 million; and (e) 50% of any remaining gross gaming yield. • Lottery – the lottery duty is 12% of the price paid or payable on taking a ticket or chance in a lottery. • Machine gaming duty – the rates of machine gam- ing duty differ based on the charge to play the machine game and the maximum cash prize avail- able, as follows: (a) 5% of net takings from dutiable machine games with a maximum charge to play of not more than GBP0.20 and a maximum cash prize of not more than GBP10; (b) 20% of net takings from dutiable machine games with a maximum charge to play of not less than GBP0.21 and not more than GBP5, and a maximum cash prize of more than GBP11; and (c) 25% of net takings from all other dutiable ma- chine games with a maximum charge to play of more than GBP5. • Remote gaming duty (RGD) – RGD is charged at a rate of 21% on gross gaming revenues from all remote gaming transactions with customers whose usual place of residence is in the UK. Please note, the majority of gambling activities are exempt from VAT.
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