Horse Racing: Gambling
The question
To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the potential indirect impact of duty harmonisation on the horseracing industry.
Answered by Stephanie Peacock
The tax treatment of remote gambling is a matter for HM Treasury. Following the conclusion of its recent consultation, we expect that any legislative changes made to gambling duty will be accompanied by a tax information and impact note from HM Treasury, as is standard practice.
The Government recognises the significant contribution horseracing makes to our regional economies and our country’s cultural life. DCMS will continue to meet with racing stakeholders to ensure a sustainable and prosperous future for the sport.
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