Revenue eBrief No. 212/22

19 December 2022

Betting Duty Returns and Payments Compliance Procedures Manual

Paragraph 1.4.2. of Tax and Duty Manual Betting Duty Return and Payments Compliance Procedures Manual has been updated to reflect an amendment made under section 50 of the Finance Act 2022.

Betting Duty is chargeable on all bets made, laid or otherwise entered into by licensed bookmakers and licensed remote bookmakers with persons in the State, including bets staked wholly or partially on foot of an offer (namely ‘free’ or ‘bonus’ bets). Following an amendment to section 67 of the Finance Act 2002, made under section 50 of the Finance Act 2022, paragraph 1.4.2. of the manual has been updated. The update further clarifies that when a bet is staked wholly or partially on foot of an offer, the amount subject to betting duty shall be equal to the nominal value of the unit stake. The rate of betting duty that applies to such bets is 2%.