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 2018/19 Rank paid £191.1m (2017/18: £187.8m) 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 approximately 8,400 (2017/18: 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

^{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

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

Belgian tax regime