Tag Archives: UK Treasury
- Barclaycard to treat bets as cash advances; UK tax consultation period underway
April 12, 2012
Some punters in the UK got a rude awakening Wednesday when the Telegraph reported that Barclaycard will apply a 2.99% fee when cardholders use their cards to wager. Essentially, bets are now being treated as cash advances rather than purchases, with all the heinous interest charges that cash advances entail....
New Zealand online gambling point of consumption tax looms
March 23, 2017