Gambling: Taxation
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of remote gambling harmonisation on the horse racing industry.
Answered by Dan Tomlinson
The Government consulted on proposals to simplify the current gambling tax system. Responses are now being analysed and a response to the consultation will be published at Autumn Budget 2025. If any changes are made to gambling duties at a future Budget following the consultation, they will be accompanied by a Tax Information and Impact Note which will set out the expected impacts.
This government recognises the social and cultural value of horseracing, which is why we exempt on course horserace betting from duty, with no plans to change this. We are working with the horse racing sector to identify possible unintended consequences and mitigations.
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