Online Gambling and Gaming

Businesses in the online gambling sector face the challenge of balancing VAT and gambling duty requirements, depending on their regulatory position and activities.

Our advisers have supported the industry since its establishment on the Isle of Man around 20 years ago and are highly experienced in both VAT and gambling duty matters.

The sector encompasses much more than licensed operators. It includes software developers, payment service providers, intellectual property companies, affiliates and marketing businesses, telecoms suppliers, banks and professional service firms.

As many licensed operators’ supplies are VAT-exempt, understanding the implications for input tax recovery is essential.

Our expertise includes advising on:

• VAT implications of international operations
• establishing new operating and corporate structures
• VAT treatment of gambling supplies
• structuring and use of service companies
• partial exemption calculations and methods
• gambling duty compliance and calculation
• dispute resolution with tax authorities
• VAT registration and deregistration
• reverse charge and cross-border supply issues