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Government to reconsider lottery tax change
By Helen Warrell, Third Sector Online, 17 January 2008
Culture minister James Purnell announced on Tuesday that the Treasury will re-examine proposals to change Camelot's taxation system in a bid to increase the amount of money raised by the lottery for good causes.
Camelot applied to the Treasury in September to pay gross profits tax, which is paid after prizes to players have been awarded, rather than before ( Third Sector Online , 19 September 2007). The operator argued that switching to gross profits tax, which is currently used by bookmakers and casinos,...
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