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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.

Great Britain is Rank’s principal market. Our bingo clubs and casinos in England, Scotland and Wales account for more than 80% of Group revenue and operating profit (before central costs). During 2015/16, the Group’s businesses generated £219.6m for the UK Exchequer and local government in VAT, gaming taxes, income tax, National Insurance contributions and local business rates.

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 bingo1 10%
Interval bingo1 10%
meccabingo.com2 15%
Grosvenor casinos  
Casino games and poker
(tax on gaming win in a six-month period)
15% – £0 to £2,347.5k
  20% – £2,347.5k to £3,965.5k
  30% – £3,965.5k to £6,799k
  40% – £6,799k to £12,780k
  50% – over £12,780k
Category B1 gaming machines 20%
grosvenorcasinos.com2 15%

1 Duty bands are effective from 1 April 2015

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 Duty VAT Licence (annual average)
Bingo tax set by region 12% to 25%
Category B2/3 gaming machines €3,650
Multi-post electronics €10,600
enracha.es 25%

1 Calculated as a percentage of stake

 

Belgian tax regime

  Gaming duty VAT Licence (annual average)
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