Betting operations
Issued date
9 October 2024
9 October 2024
Betting operations include:
- receiving, paying, negotiating or settling bets
- operating a betting exchange.
The legislation imposes no conditions for the way a bet is made by a customer for it to be taxable.
Consequently, whether a bet is made by the customer in person, through an agent, over the phone, online or otherwise, is irrelevant for the purposes of the tax.