Gambling: Excise Duties
The question
To ask the Chancellor of the Exchequer, what estimate she has made of changes to annual revenue received from a single Remote Betting and Gambling Duty.
Answered by James Murray
In the financial year 2023-24, betting and gaming duties raised around £3.4 billion in tax revenue.
The Government is currently consulting on a single remote betting and gaming duty and we welcome responses to the consultation.
Should the government proceed with these reforms, the rate of the new tax will be set as part of the Budget process, and the OBR will update its forecast then, based on the final policy design.
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