Taxation

Rank makes a significant contribution to the British economy through tax and employment, as well as benefiting the economies of Spain, Belgium 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 90% of Group revenue and operating profit (before central costs). During 2012/13, the Group’s businesses generated £176.9m for the 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 bingo 20%
Interval bingo 20%
meccabingo.com** 15%
Grosvenor
Casino games and poker
(tax on gaming win in a six-month period)
15% – £0 to £2,242.5k
20% – £2,242.5k to £3,788.5k
30% – £3,788.5k to £6,496k
40% – £6,496k to £12,210.5k
50% – over £12,210.5k
Category B1 gaming machines* 20%
grosvenorcasinos.com** 15%
  1. * In Budget 2012 it was announced that, from 1 February 2013, gaming machines would no longer be subject to VAT and AMLD but rather subject to a gross profits tax, machine games duty.
  2. ** Rank’s online business is based offshore (Alderney, Channel Islands) and is not subject to this taxation at present. However, HM Treasury has proposed a change to the betting and gaming tax regime which would bring this income into the UK tax net with effect from 1 December 2014.
Spanish tax regime
  Bingo duty* Remote Gaming Duty VAT
Licence
(annual average)
Bingo tax set by region 15% to 25%
Category B2/3 gaming machines €3,650
Multi-post electronics €10,600
enracha.es 20%
  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
Dice