A policy response to the e-commerce revolution: the case of betting taxation in the UK

Paton, D, Siegel, DS and Vaughan Williams, L ORCID: https://orcid.org/0000-0002-9639-9217, 2002. A policy response to the e-commerce revolution: the case of betting taxation in the UK. Economic Journal, 112 (480). ISSN 0013-0133

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Abstract

Several environmental changes in the 1990s – including the introduction of a national lottery, the rise of Internet gambling, and the reduction of trade barriers within the EU – induced the UK government to initiate a large-scale review of betting duty. As a result of this review, the government recently announced a significant reduction in betting taxes. They also decided to replace the current general betting duty (GBD), levied as a proportion of betting stakes, with a gross profits tax (GPT), based on the net revenue of bookmakers. We examine the economic rationale behind these decisions and demonstrate how these tax changes have broad implications regarding optimal levels of taxation for other sources of government revenue.

Item Type:	Journal article
Description:	The definitive version is available at www.blackwell-synergy.com
Publication Title:	Economic Journal
Creators:	Paton, D., Siegel, D.S. and Vaughan Williams, L.
Publisher:	Blackwell
Place of Publication:	Oxford
Date:	2002
Volume:	112
Number:	480
ISSN:	0013-0133
Identifiers:	Number Type 10.1111/1468-0297.00045 DOI
Rights:	© Royal Economic Society 2002
Divisions:	Schools > Nottingham Business School
Record created by:	EPrints Services
Date Added:	09 Oct 2015 10:58
Last Modified:	09 Jun 2017 13:46
URI:	https://irep.ntu.ac.uk/id/eprint/20898

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