William Hill to mount 'PoC' legal challenge
Betting firm William Hill is looking to challenge a proposed 15pc tax on UK online gaming profits. Britain's biggest bookmaker has tasked its lawyers with building a case against the UK’s proposed 'point of consumption' tax, announced in George Osborne's 2012 budget, which will impose a duty on online gambling profits generated in this country.
Ralph Topping, chief executive of William Hill, said he had received 'encouraging noises' from lawyers that the betting firm would have a solid case against the 15pc point of consumption tax. Almost all UK bookmakers have moved their online businesses to gambling-friendly tax havens such as Gibraltar and the Isle of Man over the past decade.