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Camelot seeks changes to tax and prizes regime
By Helen Warrell, Third Sector, 19 September 2007
National Lottery operator Camelot is lobbying the Government to alter the way it is taxed. It says changes could boost its contribution to good causes by £40m a year from 2012 onwards.
The operator, which contributed £1.4bn to good-cause lottery distributors in 2006/07, has submitted a report to the Treasury saying it should be exempted from paying lottery duty and should instead pay a tax on gross profits. The deregulated gambling market, which includes bookmakers and casinos, already pays gross profits tax....
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