All holders of a current and valid bookmaker's operating licence at any time during the relevant levy period are also required, by law, to complete and return a Form of Declaration and, where appropriate, pay the statutory Levy. This requirement arises even if the holders of the bookmaker's operating licence do not trade.
Forms are to be completed at the end of each Levy period, where an operating licence is active for any part of that year.
Forms of Declaration will be despatched on or before 31st March or as soon as practicable thereafter. The operator is required to complete the Form of Declaration stating the profits on leviable bets generated from betting on British horseracing for the Levy period in question. The Levy year runs from 1 April to 31 March.
The Form of Declaration submitted by each operator shall be accompanied by a report by an independent accountant who is eligible under the provisions of the Companies Act 2006 for appointment as a company auditor. All Forms of Declaration must be fully completed and returned within 28 days after the later of 31st March and the despatch date.
The Levy Collection Department is pleased to assist all bookmakers with enquiries and can be contacted on 020 7333 0043.