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Taxation

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

In the year 2019/20 Rank paid £178.0m (2018/19: £191.1m) to tax authorities and local governments in irrecoverable VAT, gambling taxes, corporate tax, employer’s national insurance and local business rates. Rank has provided employment to 8,500 (2018/19: 8,400) 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%
Grosvenor casinos  
Casino games and poker
(tax on gaming win in a six-month period)
15% – £0 to £2,471k
  20% – £2,471k to £4,174.5k
  30% – £4,174.5k to £7,157.5k
  40% – £7,157.5k to £13,454k
  50% – over £13,454k
Category B1 gaming machines 20%
Digital  
meccabingo.com* 21%
grosvenorcasinos.com* 21%
Sportsbook 15%

* Rank’s online business is based offshore (Alderney, Channel Islands) and is subject to UK remote gaming duty.

 

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