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Former PM Calls for Tax Inquiry on Sky Bet's Malta Move

11/20/2025

30 4 Full Breakdown

Summary

Story summary

Former Prime Minister Gordon Brown urged the Treasury Select Committee to investigate potential exploitation of the tax system after ITV News reported Sky Bet moved its headquarters to Malta.
The inquiry would examine transfer pricing and VAT loopholes.
Dan Neidle noted that a Malta-based Sky Bet could pay as little as 5% corporation tax, potentially saving up to £31 million.

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Story summary

Former Prime Minister Gordon Brown urged the Treasury Select Committee to investigate potential exploitation of the tax system after ITV News reported Sky Bet moved its headquarters to Malta.
The inquiry would examine transfer pricing and VAT loopholes.
Dan Neidle noted that a Malta-based Sky Bet could pay as little as 5% corporation tax, potentially saving up to £31 million.