Why Choose Ampla?
Gaming taxes vary dependent on the product offered. In the UK alone there are 7 different gaming taxes each with their own specific rules and regulation. The rapid growth of eGaming has seen other countries deregulate their gambling laws, which has in turn led to the implementation of new gambling tax regimes in those jurisdictions too. Pan-European operators are now faced with multiple gambling tax reporting obligations and liabilities.
Ampla have over 14 years experience of working with Regulators, Trade Associations, equipment and software suppliers, and other industry stakeholders across the UK, EU and Worldwide. Our knowledge of different markets and industry sectors allow us to guide our clients through the complex tax & regulatory landscape and to help them make informed, decisive business decisions on a daily basis.
Establishment / Place of Supply
Where a company has more than one ‘establishment’ then to determine the place where services are received, which in turn provides the VAT treatment for those supplies, a company must look to which establishment is most closely linked with the receipt of those supplies. Typically, betting and gaming companies will have a business establishment in the location where it was originally incorporated and licensed and other fixed establishments in jurisdictions where it has back office and support functions located.
Where it is deemed that supplies have been received in the UK or other EU Member States and VAT is found to be chargeable, such VAT is likely to be irrecoverable representing an absolute cost to the business
Given that the standard rate of VAT in the UK is currently 20% such costs could be significant. Our industry experience suggests that the higher value services which would be affected include affiliate fees and charges; marketing and promotion; central support functions such as IT, Finance, HR, and accountancy and legal. However, this list is by no means exhaustive and companies would be required to consider the VAT treatment of all services received from the UK and/or other Member States.
Ampla has extensive experience of working with eGaming companies across all jurisdictions to review its operational structure from an indirect tax perspective. Reviews can range from a high level, ‘red flag’ report highlighting potential areas of risk, to a detailed review of each operational function to ensure the infrastructure is robust enough to withstand challenge.
From ad-hoc VAT queries to VAT help line arrangements, Ampla can tailor its services to meet individual requirements.
Ampla has experience of designing and delivering training courses across all aspects of Gambling Taxes.
Basic courses can provide accounts payable, accounts receivable and other general finance team members with an overview of the tax(es). More experienced or senior employees can benefit from more detailed courses covering specific areas of Gambling Taxes including marketing and promotional cost relief and the interaction of gambling tax revenues with VAT return liabilities. Alternatively bespoke training courses can be designed and tailored to meet your company’s requirements.
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