How do I calculate my Annual Gross Gambling Yield?
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The annual gross gambling yield as calculated in accordance with
the following formula:
A + B - C
where:
A) is the total of any amounts that will be paid to the licensee
by way of stakes in the relevant period in connection with the
activities authorised by the licence
B) is the total of any amounts (exclusive of value added tax)
that will otherwise accrue to the licensee in the relevant period
directly in connection with the activities authorised by the
licence
C) is the total of any amounts that will be deducted by the
licensee in respect of the provision of prizes or winnings in the
relevant period in connection with the activities authorised by the
licence.
Page last reviewed: August 2012