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Premier bingo warns of uncertain future
Premier Bingo's operations manager Mike Lowe has
warned of an uncertain future for the industry if the UK government
does not change the current tax laws for the industry. Speaking to FiFe
Today, Lowe said the bingo industry must be given a fairer system of
taxation, adding that, along with the smoking ban, the laws have had a
dramatic effect on the sector.
Lowe recently lodged a petition with the Scottish Parliament highlighting the problems and urging the government to make representations to the UK Government calling for a tax system similar in line with the rest of the gambling industry.
He said: "We pay VAT and Gross Profits Tax (GPT). It's an unfair taxation system so what we're asking is to give us some VAT relief and this would go some of the way to providing bingo operators with some breathing space."
Lowe recently lodged a petition with the Scottish Parliament highlighting the problems and urging the government to make representations to the UK Government calling for a tax system similar in line with the rest of the gambling industry.
He said: "We pay VAT and Gross Profits Tax (GPT). It's an unfair taxation system so what we're asking is to give us some VAT relief and this would go some of the way to providing bingo operators with some breathing space."
