Gambling: Excise Duties
The question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of her Department's proposals to harmonise gambling duties on (a) horseracing and (b) other sports.
Answered by James Murray
The Government is consulting on proposals to simplify the current gambling tax system by merging the three current taxes that cover remote (including online) gambling into one. The Government is committed to engaging with all stakeholders, including representatives of the horseracing industry, as part of the consultation process.
If any changes are made to gambling duties at a future Budget following the consultation, the legislation will be accompanied by a Tax Information and Impact Note which will set out the expected impacts.
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