Tuesday, November 28, 2006
New online gambling duty rates Isle of Man

The Isle of Man has brought its basic duty for online gaming into line with betting. The main change in the duty model is a reduction from 2.5% to 1.5% in the starting rate. Duty payable on gross gaming yield below £20m per annum will be 1.5%, 0.5% for between £20m and £40m per annum and 0.1% for annual gross gaming yield over £40m.