Chapter IHTM28130

CourtHM Revenue & Customs
Published date20 March 2016
Record NumberIHTM28130
England, Wales and Scotland

The Gambling Act 2005 came into force on 1 September 2007. Section 335 of this Act provides that the fact that a contract relates to gambling shall not prevent its enforcement. This is without prejudice to any rule of law preventing the enforcement of a contract on the grounds of unlawfulness (other than a rule relating specifically to gambling). In other words, a gambling debt can be legally enforced, as long as it relates to gambling that is lawful. Gambling is lawful in the United Kingdom if it is permitted under the Gambling Act 2005 or the National Lottery etc. Act 1993, or is pursuant to the Financial Services and Markets Act 2000. So you can allow deductions for gambling debts if they can be legally enforced. This will include, for example, debts that arose from betting and gambling at licensed casinos and betting shops. You should not allow debts that relate to...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT