TITLE: United Kingdom HM Revenue and Customs Updates Gambling Duty Rates for Tax Year 2026 to 2027
BODY:
HM Revenue and Customs (HMRC) has published updated gambling duty rates applicable from the tax year 2026 to 2027 and accounting periods beginning on or after 1 April 2026.
Gaming Duty rates have been restructured on a tiered basis according to gross gaming yield. For accounting periods commencing on or after 1 April 2026, the first £2,686,000 of yield is taxed at 15 percent, the next £1,852,000 at 20 percent, the next £3,243,000 at 30 percent, the next £6,845,000 at 40 percent, and the remainder at 50 percent.
General Betting Duty remains at 15 percent of net stake receipts for fixed odds bets and totalisator bets on horse or dog races, 3 percent for financial spread bets, and 10 percent for all other spread bets. Lottery Duty is set at 12 percent of the price paid or payable on lottery tickets or chances.
Machine Games Duty applies differentiated rates based on machine type and cost of play parameters. Type 1 machines with a maximum cost of play not exceeding 20p and maximum cash prize not exceeding £10 are taxed at 5 percent of net takings. Machines where the cost to play cannot exceed £5 are taxed at 20 percent, while machines where the maximum cost to play can exceed £5 are taxed at 25 percent.
Pool Betting Duty is set at 15 percent of promoters' net pool betting receipts from dutiable pool bets. Remote Gaming Duty remains at 40 percent of remote gaming profits.
These rates apply to the tax year 2026 to 2027 unless otherwise specified.