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Taxation

Rank makes a significant contribution to the British economy through tax and employment, as well as benefiting the economies of Spain, Belgium, Gibraltar and Alderney through businesses based in or operating in those territories.

In the year 2017/18 Rank paid £228.3m (2016/17: £239.0m) to tax authorities and local governments in irrecoverable VAT, gambling taxes, corporate tax, employment taxes and local business rates. Rank has provided employment to approximately 10,000 (2016/17: 10,000) people across the Group. The broader impact of Rank’s operations, including taxes paid by supplier companies, is harder to quantify but no less significant.

UK tax regime

  Gaming duty/ Gross profits tax
Mecca  
Category B3 gaming machines 20%
Category C gaming machines 20%
Category D gaming machines 5%
Main stage bingo 10%
Interval bingo 10%
meccabingo.com1 15%
Grosvenor casinos  
Casino games and poker
(tax on gaming win in a six-month period)
15% – £0 to £2,423.5k
  20% – £2,423.5k to £4,094k
  30% – £4,094k to £7,019.5k
  40% – £7,019.5k to £13,195k
  50% – over £13,195k
Category B1 gaming machines 20%
grosvenorcasinos.com1 15%

1 Rank’s online business is based offshore (Alderney, Channel Islands) and has been subject to UK remote gaming duty with effective from 1 December 2014

 

Spanish tax regime

  Bingo duty1 Remote Gaming Duty2 Licence (annual average)
Bingo tax set by region 5% to 25%
Category B2/3 gaming machines €3,650
Multi-post electronics €10,600
enracha.es and YoBingo.es 20%

1 Calculated as a percentage of stake
2 20% with effect from 1 July 2018

 

Belgian tax regime

  Gaming duty
Table games 33% – €0 to €865k
  44% – over €865k
Electronic roulette / amusement machines 20% – €0 to €1,200k
  25% – €1,200k to €2,450k
  30% – €2,450k to €3,700k
  35% – €3,700k to €6,150k
  40% – €6,150k to €8,650k
  45% – €8,650k to €12,350k
  50% – over €12,350k