Valid from 19/07/2007
[F126CThe rateU.K.
(1)Remote gaming duty is chargeable at the rate of 15% of P's remote gaming profits for an accounting period.
(2)P's remote gaming profits for an accounting period are—
(a)the amount of P's remote gaming receipts for the period (calculated in accordance with section 26E), minus
(b)the amount of P's expenditure for the period on remote gaming winnings (calculated in accordance with section 26F).]
Textual Amendments
F1Ss. 26A-26M and cross-heading inserted (with effect as mentioned in s. 8(2) of the amending Act) by Finance Act 2007 (c. 11), s. 8, Sch. 1 para. 2; S.I. 2007/2172, art. 2