Plans to Increase Remote Gaming Duty are a Tax on Yorkshire Jobs
FOBT Reaction: Plans to Increase Remote Gaming Duty are a Tax on Yorkshire Jobs
Responding to Government plans to increase Remote Gaming Duty (RGD) to make up for a loss of revenue caused by cutting FOBT stakes, Sky Betting & Gaming CEO Richard Flint said:
‘Sky Betting & Gaming doesn’t have any FOBTs but now we – and Yorkshire’s economy - risk being punished because of them.
‘Any increase in Remote Gaming Duty is a tax on hi-tech Yorkshire jobs. Our company is based in Leeds and has created nearly 1000 roles in the last three years - with another 120 jobs to fill. Increasing an already heavy tax burden will clearly have an impact on our plans to create new jobs in the North of England in the years to come.
‘Rather than punishing a UK based job creator, the government should focus on getting a fairer tax contribution from other tech companies who, unlike us, don’t already pay sufficient taxes on their UK activities.
‘There are a number of wider proposals in today’s Gambling Review based around online safety which we welcome.’
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Matt, Software Engineer - International Tribe
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