Bingo staffs are not happy about the new bingo tax

The new bingo tax, which was supposed to help the bingo industry by removing the VAT, has increased the rates on duty on profits. While the UK government has removed the VAT, it was still bad for the bingo industry because the rate for duty on profits have increased from already a big 15 percent to a whopping 22 percent. That’s why a lot of people in the bingo industry were angered by this tax change. Let’s take a look at what the people have to say about this.

There are a lot of people in the bingo industry who aren’t happy about the bingo tax change. A lot has already taken it to the House of Commons but were just shut off. Among the many angry bingo enthusiasts, Julie Smith, general manager of Mecca Bingo expresses her hate and fear on the recent bingo tax change. According to the Dewsbury bingo club manager, she fears the future of all the bingo clubs across the country. She’s also asking for people to join her on creating a movement to ask that the government remove those extra taxes on our most loved game of bingo.

Previously, the tax rate was at 15 percent, which most believe should have stayed that way. It is in line with other forms of betting such as football pools, bookies, and online betting as well. However, this increase to 22 percent made bingo level with the casinos when it comes to taxes. Bingo halls just offer bingo and casinos have various casino games to offer and it would only be unfair to make the tax rates the same for both. While she mentioned that the Dewsbury bingo club she is managing isn’t closing, she fears for her club and other bingo clubs as well. This tax change will certainly affect the value for money that they will be offering their bingo club members. She added that it will only make things harder for them especially that the world is already facing a credit crunch.