Bingo Duty
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Bingo Duty
Bingo Duty is a tax levied on profits made from organising and promoting bingo games played in the United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ..., with certain exceptions. Receipts From 27 October 2003 to 22 April 2009, Bingo Duty was set at 15% of gross profits. On 22 April, this was raised to 22% until 29 March 2010, when it was reduced to 20%. From 1 July 2014, Bingo Duty has been set at 10%. References Taxation in the United Kingdom Bingo Gambling in the United Kingdom {{Game-stub ...
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Profit (accounting)
Profit, in accounting, is an income distributed to the ownership , owner in a Profit (economics) , profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use. Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the Stakeholder (corporate), stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economics , economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context. Measurement of profit There are several important profit measures in common use. ...
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Bingo (British Version)
Bingo is a game of probability in which players mark off numbers on cards as the numbers are drawn randomly by a caller, the winner being the first person to mark off all their numbers. Bingo, also previously known in the UK as Housey-Housey, became increasingly popular across the UK following the Betting and Gaming Act 1960 with more purpose-built bingo halls opened every year until 2005. Since 2005, bingo halls have seen a marked decline in revenues and the closure of many halls. The number of bingo clubs in Britain has dropped from nearly 600 in 2005 to under 400 as of January 2014. These closures are blamed on high taxes, the smoking ban, and the rise in online gambling, amongst other things. Bingo played in the UK (90-ball bingo) is not to be confused with bingo played in the US ( 75-ball bingo), as the tickets and the calling are slightly different. In Quebec, this game is called Kinzo. In India, it is known as Tambola. History The game itself, not originally called bin ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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HM Revenue & Customs
HM Revenue and Customs (His Majesty's Revenue and Customs, or HMRC) is a non-ministerial government department, non-ministerial Departments of the United Kingdom Government, department of the His Majesty's Government, UK Government responsible for the tax collection, collection of Taxation in the United Kingdom, taxes, the payment of some forms of Welfare state in the United Kingdom, state support, the administration of other regulatory Regime#Politics, regimes including the national minimum wage and the issuance of national insurance numbers. HMRC was formed by the merger of the Inland Revenue and HM Customs and Excise, which took effect on 18 April 2005. The department's logo is the St Edward's Crown enclosed within a circle. Prior to the Elizabeth II, Queen's death on 8 September 2022, the department was known as ''Her'' Majesty's Revenue and Customs and has since been amended to reflect the change of monarch. Departmental responsibilities The department is responsible for the ...
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Statista
  Statista is an online platform specialized in market and consumer data, which offers statistics & reports, market insights, cosumer insights and company insights in German, English, Spanish and French. In addition to publicly available third-party data, Statista also provides numerous exclusive data via the platform. According to its own information, the platform offers more than 1,000,000 statistics on over 80,000 topics from more than 22,500 sources in over 150 countries and is accessed 31 million times a month (as of December 2022). The company claims to cover around 170 industries with its content. In 2022, Statista had more than 2 million registered users, with which the company generates around 140 million euros in revenue.  Statista has been owned by Ströer Media since 2015, with an 81.3% stake. The company provides statistics and survey results, which are presented in charts and tables. Its main target groups are business customers, lecturers and researchers. The ...
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Taxation In The United Kingdom
Taxation in the United Kingdom may involve payments to at least three different levels of government: central government (HM Revenue & Customs), devolved governments and local government. Central government revenues come primarily from income tax, National Insurance contributions, value added tax, corporation tax and fuel duty. Local government revenues come primarily from grants from central government funds, business rates in England, Council Tax and increasingly from fees and charges such as those for on-street parking. In the fiscal year 2014–15, total government revenue was forecast to be £648 billion, or 37.7 per cent of GDP, with net taxes and National Insurance contributions standing at £606 billion. History A uniform Land tax, originally was introduced in England during the late 17th century, formed the main source of government revenue throughout the 18th century and the early 19th century.Stephen Dowell, ''History of Taxation and Taxes in England'' (Routledge ...
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Bingo
Bingo or B-I-N-G-O may refer to: Arts and entertainment Gaming * Bingo, a game using a printed card of numbers ** Bingo (British version), a game using a printed card of 15 numbers on three lines; most commonly played in the UK and Ireland ** Bingo (American version), a game using a printed card of numbers in a five-by-five grid; most commonly played in the US and Canada * ''Bingo'' (card game), named by analogy to the game ''Bingo'' * Bingo (''Scrabble''), a term used in the game ''Scrabble'' in North America, for playing all seven of one's tiles Characters * Bingo, a character on the 1968–1970 television series ''The Banana Splits'' * Bingo "Bet-it-all" Beaver, one of the main characters from ''The Get Along Gang'' * Bingo Brown, the preteen protagonist of four novels by Betsy Byars * Bingo Little, a character in a number of books by comic author P. G. Wodehouse * Bingo Long, the title character of ''The Bingo Long Traveling All-Stars & Motor Kings'' (1976), a baseball movi ...
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