This petition was submitted during the 2015-2017 parliament
Petition Introduce 20% VAT on all forms of betting including online gambling etc
Online betting is being encouraged by high profile media advertising and sponsorships. It is a huge industry and the tax revenue it could generate would go a long way toward balancing the nation's books. In addition to this the act of taxation may discourage certain people from becoming addicted.
More details
The UK Gambling Commission (UKGC) revealed financial figures for the 12 months ending September 2014 which showed the UK gambling industry is worth £7.1 billion, not including the National Lottery. These figures alone would achieve tax income of £1.42 billion
This petition is closed This petition ran for 6 months
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