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Finance Act 2012

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This is the original version (as it was originally enacted).

Gambling duties

191Machine games duty

Schedule 24 contains provision replacing amusement machine licence duty with a new excise duty and making related changes to VATA 1994.

192Amusement machine licence duty

(1)In section 23(2) of BGDA 1981 (amount of duty payable on amusement machine licence), for the table substitute—

TABLE
Months for which licence granted

Category A

£

Category B1

£

Category B2

£

Category B3

£

Category B4

£

Category C

£

155528022022020085
21105555435435395165
31655830655655595250
422051105870870790330
52755138010851085985410
633051655130513051185495
738601930152015201380575
844102205174017401575655
949602485195519551775740
1055102760217021701970820
1160603035239023902170900
1262953150248024802250935.

(2)The amendment made by this section has effect in relation to cases where the application for the amusement machine licence is received by the Commissioners for Her Majesty’s Revenue and Customs after 4 pm on 23 March 2012.

193Rates of gaming duty

(1)In section 11(2) of FA 1997 (rates of gaming duty), for the table substitute—

TABLE
Part of gross gaming yieldRate
The first £2,175,00015 per cent
The next £1,499,50020 per cent
The next £2,626,00030 per cent
The next £5,542,50040 per cent
The remainder50 per cent.

(2)The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2012.

194Remote gambling: double taxation relief

Schedule 25 contains provision for double taxation relief in respect of remote gambling.

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