Moves announced in last week’s Budget will mean the UK can tax bets made by punters there, even if they are using websites based abroad. The move is the third occasion in recent weeks that the UK Coalition government has moved to hit the Island’s economy – a fortnight ago they won a court battle to shut down a key tax break for Jersey’s internet mail order industry, and the Budget also shut down the use of offshore property vehicles to get around stamp duty.
It was also announced last week that the UK wanted to end the Channel Islands’ ability to produce their own passports.
Full story in Wednesday’s JEP
