Lotteries: Excise Duties
(asked on 20th February 2018) - View Source
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, how many licensed small lotteries received an exemption for excise taxes in (a) 2015-16, (b) 2016-17 and (c) 2017-18.
This question was answered on 23rd February 2018
No society lotteries, of any size, are subject to tax on their proceeds. This is in keeping with the wider principle of not taxing charities. Where a single-branded umbrella lottery scheme is managed by an External Lottery Manager (ELMs), the External Lottery Manager will pay corporation tax on their own profits in the usual manner.