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The Independent UK
The Independent UK
Business
Josie Clarke

Steep increases for online gambling tax to address ‘highest levels of harm’

Rachel Reeves
Online gambling tax is to be increased, the Chancellor said (Tim Goode/PA) - (PA Wire)

The Chancellor has announced a steep increase in online gambling tax associated with the “highest levels of harm” across the sector.

Rachel Reeves said she was reforming gambling taxes in response to the rise in online gambling, announcing an increase in remote gaming duty from 21% to 40% and on online betting from 15% to 25%.

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