New Tax Rules to Double Betting Revenue by 2026 Economy

New Tax Rules to Double Betting Revenue by 2026

  • October 13, 2025
  • 0 Comments

Betting companies play a pivotal role in the government’s tax revenue. Tax collections from betting are projected to double by June 2026. This comes despite lower rates under the Finance Act 2025. The law cut excise duty on wagered amounts and withholding on winnings to five percent. The Parliamentary Budget Office projects revenue will rise […]

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