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Today, the UK Government reduced the unfair taxation burden on UK Bingo Halls by bringing the rate of taxation down to 10% from the previous rate of 20%. George Osborne announced the details of the reduction in Bingo Taxes as a part of his Budget Speech for the upcoming year.
The Daily Mail in the United Kingdom has joined in the call for the punitive extra tax on Bingo Halls to be dropped. We are, of course, talking about the additional 5% tax that bingo halls pay compared to other forms of gambling if Bingo is considered gambling.
The closing of the Microgaming Bingo network means Immortal Romance Bingo is no longer playable in bingo rooms. The bingo variation is still available at dedicated Microgaming Casino sites. We have kept this article for archive and historical purposes.
The ongoing Bingo Tax cut debate about tax cuts on land-based bingo halls is gathering momentum. Currently, land-based Bingo Halls pay a 20% tax on profits compared to the 15% tax rate on other forms of gambling. How can this be correct? Bingo is an activity that binds people together, unlike other gambling games and