Bingo: Taxation
The question
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of existing rates of gaming duty on the land-based bingo sector in the context of (a) the pandemic and (b) trends in operating costs.
Answered by Dan Tomlinson
No formal assessment has been made. Bingo Duty is charged at 10% of a Bingo Hall’s Gross Gaming Yield and is the second lowest rate of the seven gambling duties.
The Government keeps all taxes under review, and the Chancellor makes decisions on tax policy at fiscal events in the context of the overall public finances.
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