2009 No. 2046

Excise

The Gaming Duty (Amendment) Regulations 2009

Made

Laid before the House of Commons

Coming into force

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by sections 12(4) and 14(1) of the Finance Act 19971.

Citation and commencement1

These Regulations may be cited as the Gaming Duty (Amendment) Regulations 2009 and come into force on 1st October 2009.

Interpretation2

In these Regulations “quarter” means the first three months of an accounting period.

Application and revocation3

1

These Regulations apply in the case of payments on account of gaming duty for any quarter that ends on or after 31st October 2009.

2

The Gaming Duty (Amendment) Regulations 20072 are revoked.

The amount of payments on account4

For the purpose of calculating payments on account of gaming duty in the cases to which these Regulations apply, substitute the following Table for the Table in regulation 5 of the Gaming Duty Regulations 19973:

Table

Part of gross gaming yield

Rate

The first £964,500

15 per cent

The next £664,750

20 per cent

The next £1,164,500

30 per cent

The next £2,457,750

40 per cent

The remainder

50 per cent

Dave HartnettBernadette KennyTwo of the Commissioners for Her Majesty’s Revenue and Customs
EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend regulation 5 of the Gaming Duty Regulations 1997 (S.I. 1997/2196) which deals with the amount of payments on account. They substitute a new Table reflecting changes to the bands of gross gaming yield for gaming duty made by section 19 of the Finance Act 2009 (c.10)4, and will apply in the case of payments on account of gaming duty for any quarter that ends on or after 31st October 2009.

The duty rates in the table are those for the first three months of each six-monthly accounting period, hence the bands represent half of the new bands of gross gaming yield shown in section 19 of the Finance Act 2009. The interim quarterly payments under these Regulations are intended to be roughly half of the expected duty liability for the six-monthly period.

A full and final Impact Assessment has not been produced for this instrument as a negligible impact on the private or voluntary sectors is foreseen.