NIMAN wrote: » Considering fag companies were banned many years back, then followed by the drinks companies, is it now time to consider banning the betting ones? If you listen to sport on Radio like I do, be in in Ireland or on UK stations, then you are absolutely bombarded with adverts and in-show sponsorship or guests. I know many will say "you don't have to gamble, no one is forcing you", but it's common knowledge that betting and gambling is likely to be one of the next big social problems in this country. Yet we are letting the people selling this new drug free reign of the airwaves.
Atlantic Dawn wrote: » Only if the UK also bring it in, otherwise you are just going to move the advertising targeting Irish consumers to the UK. I think the lottery should be classed in the same evil as cigarettes, all store based advertising should be removed. I purchased a lottery ticket today (I know, I know) and for some reason I got a receipt, I was rather shocked to see the VAT rate on them is 0%.
jvan wrote: » Its not just ads, the betting companies sponsor a lot of shows and give aways too. On a related note I noticed yesterday the lotto app now prompts you when you try to shut it down and asks are you sure you want leave the app.
NIMAN wrote: » It might also highlight how big of a problem it is, as I'm sure the government will be able to tell us how much betting tax they collect in a given period.
Niles Crane wrote: » I don't really buy the idea that advertising causing you to take up a habit that may be bad for you, everyone knows these things are readily available so these adverts just cause you to choose a certain brand over another.
hullaballoo wrote: » Just ban all freedom of choice. No one knows what's really good for them and they can't be trusted to make the right decision when presented with choice.
Rjd2 wrote: » Yes, personal responsibility is so uncool right now.:PPeople do win from gambling to be fair, its just bookies unfortunately tend to ban them to quickly.
Niles Crane wrote: » Which is a practice that should be outlawed.It's a completely scummy practice. Of course bringing in measures stopping bookies from banning people because they win too often would be suicide for any politician as they would be hit with accusations of promoting gambling so the bookies know they can get away with it for ever more.
swampy353 wrote: » Lottery is considered to be a charity hence the 0% VAT, in fairness the public purse benefits from selling the licence to run the lottery, it was half a billion for 20yrs licence paid upfront
BarryD2 wrote: » That the lotto is rated at 0% is more likely because it was originally a state enterprise and since they make the rules, they can facilitate themselves. It is a non essential luxury purchase and should be rated at 23% VAT.
ArmaniJeanss wrote: » Whilst it's not called VAT it has a high tax rate. I think just under 50% of what each customer puts in is paid back to the winning customers in prizemoney? So after admin/running costs it's probably an effective tax rate of at least 23%.
BarryD2 wrote: » Sure but take petrol or diesel which are arguably more essential than buying Lotto tickets. There's excise/ carbon duties on the fuel and then you pay 23% VAT on top of that... hmm!
ArmaniJeanss wrote: » I'm lost. You implied there was no tax and it should be VATed at 23%. I pointed out that there is an inherent tax in the actual methodology of the Lotto of around 30%. Now you want 23% on top of that. Why were you putting forward a suggested taxrate of 23% earlier but now want 53% - are you just randomly making this up as you go along?
Henryhill2 wrote: » Expansion and new markets Cigarette companies have been doing it for doing it for donkeys years They moved into Africa when they got curtailed in the developed world
BarryD2 wrote: » Dunno. It's fairly simple. Lottery tickets are products that are sold like any other product. Their cost is based on the factors that go into the schemes: operating costs, profits to operator, contributions to be paid etc. No different in essence from any other product. It is normal for non essential/ entertainment products to be rated at the standard rate for VAT - it's a sales tax. What's hard to understand? The issue I've suggested is that when VAT was introduced, the state generally rated their own products at zero or 0%. Maybe it made some sense but they were found out though in a court case taken by private car park operators who not unreasonably objected to having to levy VAT in their charges whilst similar state or LA carparks could undercut them/ have a higher profit margin. Lottery products should logically be VAT rated at 23%. This would increase cost to customers but raise more tax for public spending. What's not to like?
Turnipman wrote: » VAT is a EU tax. Ireland cannot unilaterally impose VAT on its State lottery, unless every other EU country follows suit.
L1011 wrote: » We have the power to set and alter VAT rates. The Brexit pushers seem to have convinced people it's down to the EU but it isn't. The list of items liable and the rates they are liable at here and the UK is vastly and confusingly different for starters. We don't apply VAT to most food items at all, but do hit magazines for instance