Published date: 19 May 2017

Betting Tax Review

During the Finance Bill 2016 debate in the Oireachtas, Minister of State Eoghan Murphy gave a commitment that betting duty would be examined as part of the Tax Strategy Group process in 2017. This reviews the roll out of the betting regime to remote bookmakers and betting exchanges in 2015, as well as looking at the likely impact of an increase in the rates of betting duty on

  1. Exchequer revenues - including potential for unlicensed operators,
  2. the bookmaking industry including the remote sector.

As part of this review your views are requested on the current system of taxation, specifically:

  • The inclusion of the remote sector into the betting regime under the Betting (Amendment) Act 2015;
  • Is the existing model of turnover tax, with different approach to betting exchanges, the most appropriate for the industry at this time?
  • What is an appropriate level of betting tax and the equivalent tax on betting exchanges commissions?
  • What would be the impact of a move from taxing the bookmake