Taxing Times? Turn to Online Bingo

04.21.09

What happened last week in England turns out to be another attempt to lower the taxes enforced on land-based Bingo halls. Will it yield any better results South Shields MP David Miliband, the Secretary of State for Foreign and Commonwealth Affairs, and a Bingo enthusiast himself, played the role of a Bingo caller. The  Bingo show was a huge success and many think that it will shape public opinion against the high incidence of taxes on Bingo halls.

According to media reports, MP Miliband said, “…A number of important issues have been raised, and I will be taking these back to the Chancellor of the Exchequer.” He was responding to a presentation on the hefty taxes that Bingo halls have to pay. “However, I think I’ll be sticking to my day job,” he chuckled, “and leaving the calling to the experts.”

As of now, land-based Bingo halls pay 15% VAT and a gross 15% taxes on their total revenues. It’s a good thing that MP Miliband is not the only government official who is aware of this problem regarding double tax. Would-be Tory MP Karen Allen, Conservative parliamentary candidate for South Shield, also visited an Bingo club recently. She also agreed that the 30% tax on Bingo is not helping clubs to bloom.

We do understand the problems faced by the offline Bingo industry. With the government rejecting their pleas repeatedly, perhaps the solution lies online.

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This entry was posted on Tuesday, April 21st, 2009 at 6:33 am and is filed under Bingo Bylane. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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