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Adding a new remote betting rate into General Betting Duty will require changes to some IT systems at an estimated cost to HMRC of up to £1.9 million. However, online gambling is estimated to be the most common among the 25 to 34 age group. While this measure directly affects businesses, there may be indirect impacts to individuals who gamble if there is a negative change in betting odds. Remote betting on UK horse racing will be excluded from the new duty rate, as will any bets placed via self-service betting terminals on licenced premises, and these will instead remain chargeable at a rate of 15%. The new duty rate of 25% for remote betting will be chargeable on profits from remote betting from 1 April 2027 onwards. Bets placed via self-service betting terminals on licenced betting premises will not be treated as being placed remotely and will remain subject to the 15% rate for general bets.
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