Horse Racing: Betting
The question
To ask the Secretary of State for Culture, Media and Sport, what discussions she has had with the Chancellor of the Exchequer on the potential impact of the proposals in the consultation entitled The Tax Treatment of Remote Gambling, last updated on 6 May 2025, on the British horseracing industry.
Answered by Stephanie Peacock
There has been ministerial engagement between my Department and His Majesty’s Treasury to ensure that they are aware of the specific way British horseracing is funded and the potential implications of any changes to taxation.
Future proposals on taxation are a matter for His Majesty’s Treasury. We would encourage interested parties and stakeholders to engage with ongoing consultations on the matter, which run until the 21st of July. Should legislative change be brought about following this consultation, we expect the impact of such changes to be outlined in tax and impact notes published alongside, as is standard practice.
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