Budget 2025
The Irish Bookmakers Association (IBA) has submitted its detailed Budget 2025 proposal to the Minister for Finance, highlighting key issues impacting the betting sector in Ireland.
Betting Tax
Betting shop closures
The betting sector employs over 6,000 people across Ireland and contributes over €171.2m to the exchequer including income tax, USC, PRSI, corporation tax, betting tax and VAT on purchases from the betting sector. The retail betting sector has seen a significant decline in shop numbers due to the increased betting tax burden and shift to
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National Campaign against proposed doubling of Betting tax
Irish Bookmaking Industry Launches National Campaign Against 100pc Betting Tax Hike Irish bookmakers have launched a national campaign to fight against proposals for a 100pc increase in the Betting Tax that would decimate the industry. The campaign has the support of almost every bookmaker in Ireland. National Saveourjobs campaign launched to reverse 100% betting tax
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Budget will close Independent bookmakers across Ireland
Today’s announcement that the betting tax has doubled has just signed P45s for over 1500 jobs in the independent bookmaking sector, the majority in rural areas. It is the final blow for a sector of the industry that had already been in steep decline. Only 200 Independent shops survived the recession, with 450 closed over
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Betting Duty Receipts 2017
Here is the official breakdown for betting duty receipts for 2017 provided by The Revenue Commissioners; Please click here to view or download entire betting duty receipts table
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Effective betting tax rate in Ireland
The misleading headline of ‘Lowest betting tax rate in the world’ has been used heavily in the lead up to this years budget. It is deliberately misrepresentative of the penal tax paid by Irish bookmakers for many years. The Irish betting shop model is entirely different from anywhere else in the world. We have prepared
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