Keystone Law

This guide to gambling law outlines the legal issues most pertinent to the gambling industry, and is designed for general commercial lawyers looking to familiarise themselves with betting, gaming and lotteries law generally and the current hot topics affecting the sector. It covers the legal treatment of betting, gaming and lotteries activities, the Gambling Act 2005, non-gambling activities and international gambling.

This Practice Note, written in partnership with Patrick Elliot at Keystone Law, considers the requirements of the UK General Data Protection Regulation and looks at the practical considerations for insolvency professionals, and in particular for office-holders taking insolvency appointments where they have to control or process data. It considers what they need to look out for and what measures they can put in place to avoid the risk of penalties for non compliance.

This Practice Note provides an introduction to the taxation regime relating to gambling in the UK. The UK tax treatment of gambling underwent a significant change in 2014 under Part 3 of the Finance Act 2014. This Practice Note looks at general betting duty, pool betting duty, gaming duty, remote gaming duty, machine games duty, bingo duty and lottery duty. This Practice Note was produced in partnership with Carl Rohsler of Memery Crystal.

This Practice Note provides an overview of the gambling licensing regime in the UK. It looks at operating licences, personal licences and premises licences, and explains the application process, including matters for consideration by the Gambling Commission or local authority before determining the application. It also covers licence conditions, variation and termination of each licence together with reforms introduced by the Gambling Commission.

This Q&A considers when a beneficiary's entitlement to an asset of the estate should be valued, whether at the date of death or at a later date of transfer/assent.

This Q&A concerns the process for the re-appointment of liquidators following dissolution.

This Q&A considers whether the executors of a deceased beneficiary of an estate can enter into a deed of variation on their behalf. It also considers the circumstances in which the court may be required to provide consent to a variation on behalf of minor beneficiaries.

This Q&A looks at the term of the original lease for the purposes of calculating stamp duty land tax on a growing lease.

This Q&A considers the inheritance tax (IHT) implications of a settlor of a discretionary trust created during their lifetime specifying in their Will that any additional IHT payable as a result of their death within seven years is to be paid out of their estate rather than the trust.

This Q&A considers the disposal of capital gains tax where the last surviving life tenant under a trust of land dies.

This Q&A considers the calculation of an exit charge on property held within a settlement and which is subject to an 18-25 trust. The settlement also contains property that is subject to a qualifying interest in possession, and relevant property.

This Q&A considers whether service can be effected in accordance with section 1140 of the Companies Act 2006 where the company in question is in liquidation.

This Q&A considers whether the registered legal owners A and B need to register a trust for the co-ownership of a property via the Trust Registration Service in various scenarios.

This Q&A considers the impact of coronavirus (COVID-19) on conducting physical company voluntary arrangement (CVA) meetings.

This Q&A looks at HMRC's guidance on the higher 3% rates of stamp duty land tax and multiple dwellings relief.

This Q&A considers whether coronavirus (COVID-19) is a force majeure event which could impact a CVA or an IVA or a scheme of arrangement.

This Q&A considers whether interest is payable on debts scheduled on a list of creditors.

This Q&A looks at how the higher 3% rates of stamp duty land tax apply on the acquisition of a property by a bare trust with a child beneficiary.

This Q&A considers the following issues: Whether it is possible to vary a Will to leave a gift to a limited company; whether stamp duty land tax (SDLT) first time buyer relief is available to an individual who inherits a property and subsequently enters into a deed of variation whereby the property instead passes to a company of which they own the shares; and the other tax consequences to consider in relation to SDLT and connected persons rules where such a variation is made.

This Q&A looks at the description of a transaction on an SDLT return when a lease that is acquired will merge with the freehold interest.