Machine games duty set to replace VAT
Posted by mostafa on 28 January, 2013
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This item was filled under Tax
Supplies from gaming machines will become exempt from VAT on Friday 1 February, as the tax is replaced by machine games duty as the way of raising revenue from the devices.
The new legislation will affect machines that provide the player with a chance to win a cash prize that exceeds the amount he or she paid to take part.