UK place of consumption (POC) tax on online gaming.

[MC]

Assuming MC's Internet connection is down

(stealing jokes from Barry carter)!

Just seen. FML

[Longy]

What will probably happen is that the VIP rewards/rakeback will get cut back as it has done in Denmark, Estonia etc. To cover the extra taxes the companies are paying.

[tikay]

What will probably happen is that the VIP rewards/rakeback will get cut back as it has done in Denmark, Estonia etc. To cover the extra taxes the companies are paying.

There we go.......

And sites which offer rakeback, or Loyalty Bonuses or whatever will cut the rate.

We'll just get less Green Shield Stamps.

[buffyslayer1]

What will probably happen is that the VIP rewards/rakeback will get cut back as it has done in Denmark, Estonia etc. To cover the extra taxes the companies are paying.

Yeah I agree this is very likely what will happen.

[cambridgealex]

Whoosh. Will it affect me? If so, when?

[doubleup]

Whoosh. Will it affect me? If so, when?

I think actually the game will be up for stars.fr - stars will need a uk license and have to pay uk gaming duty on your play, so they won't be keen paying the french tax as well.

[AndrewT]

Whoosh. Will it affect me? If so, when?

I think actually the game will be up for stars.fr - stars will need a uk license and have to pay uk gaming duty on your play, so they won't be keen paying the french tax as well.

?

If a UK player who currently plays on .fr switches to play on the .uk site then Stars won't be paying French tax on their play.

[doubleup]

Whoosh. Will it affect me? If so, when?

I think actually the game will be up for stars.fr - stars will need a uk license and have to pay uk gaming duty on your play, so they won't be keen paying the french tax as well.

?

If a UK player who currently plays on .fr switches to play on the .uk site then Stars won't be paying French tax on their play.

At the moment I can play on .fr.  When this all comes into force the uk govt will want a % of my rake whatever site I play on.  So if I play on .fr they will want their cut and the french will want their cut as well.



I see how i made that confusing - it was a specific response to cambridgealex who plays on .fr  I should have said the games up for uk ppl playing on .fr

[AndrewT]

Yep, if this comes in then you won't be able to play on stars.fr - you'd have to play on stars.uk

[cambridgealex]

Ok, that does suck but it won't be for a while no?

So we won't get taxed on our winnings? (Scarce as they are online anyway....)

[doubleup]

Yep, if this comes in then you won't be able to play on stars.fr - you'd have to play on stars.uk

No you can still play on .com.  The govt doesn't care where you play as long as they get their tax and the site has a uk license. Stars are just unlikely to allow you to play anywhere that they will get double taxed and .fr is the obvious site where this would happen.

[doubleup]

Ok, that does suck but it won't be for a while no?

So we won't get taxed on our winnings? (Scarce as they are online anyway....)

no its just sites that get taxed on gross rake (actually rake less bonuses etc so not that bad for players)

[cambridgealex]

Ok, that does suck but it won't be for a while no?

So we won't get taxed on our winnings? (Scarce as they are online anyway....)

no its just sites that get taxed on gross rake (actually rake less bonuses etc so not that bad for players)

Thank you

[AndrewT]

Yep, if this comes in then you won't be able to play on stars.fr - you'd have to play on stars.uk

No you can still play on .com.  The govt doesn't care where you play as long as they get their tax and the site has a uk license. Stars are just unlikely to allow you to play anywhere that they will get double taxed and .fr is the obvious site where this would happen.

French, Italian, Spanish etc players can't play on .com. If UK regulation comes in, part of it will surely be that UK players have to play through a .uk site, as that's how the tax is calculated.

[doubleup]

Yep, if this comes in then you won't be able to play on stars.fr - you'd have to play on stars.uk

No you can still play on .com.  The govt doesn't care where you play as long as they get their tax and the site has a uk license. Stars are just unlikely to allow you to play anywhere that they will get double taxed and .fr is the obvious site where this would happen.

French, Italian, Spanish etc players can't play on .com. If UK regulation comes in, part of it will surely be that UK players have to play through a .uk site, as that's how the tax is calculated.

No the proposed design of this tax doesn't ringfence in any way.  Italian Spanish are separate pools - you can't play on them.  .fr allows other eu into the ringfence but taxes everyone. 

This new uk regime says that if Andrew T plays online poker anywhere in the world from the uk, then that site owes the uk govt a cut of his rake.  This is obviously completely unenforceable on its own, hence the introduction of mandatory regulation by the gambling commission for anyone doing business in the uk.