I have not been trading this year, do I need to pay my annual fee?
| |
|
The Gambling Act 2005 requires that annual
fees are paid in advance each year on the anniversary date of the
licence. The fact that you may not have traded does not affect
this legal requirement. If you wish to retain your operating
licence, you must pay the annual fee by the due date.
You may surrender your operating licence if
you wish and the fee will then not be payable. If you do
surrender your operating licence, you will not be able to trade
again until you have applied for and been granted a new operating
licence from the Gambling Commission. You would have to pay
the relevant application fee for such an application and, if the
licence is granted, a first annual fee 30 days after the issue date
of the new licence.