Gambling: Gibraltar
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes to gambling duties on Gibraltar's economy.
Answered by Dan Tomlinson
Increasing gambling duties will raise over £1 billion per year to support the public finances and forms part of our ambition to create a fair, modern and sustainable tax system.
The changes affect all businesses that offer gambling services to UK customers. The government understands that Gibraltar has a gambling industry that faces the UK, and will continue to monitor all impacts of these changes.
A Tax Information and Impact Note setting out the expected impacts was published at Budget and can be found here:
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