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Written question asked by Ian Gibson (Labour) on Wednesday, 29 April 2009, in the House of Commons. It was due for an answer on Tuesday, 5 May 2009. It was answered by Angela Eagle (Labour) on Thursday, 7 May 2009 on behalf of the Treasury.


Taxation: Bingo

Question
To ask the Chancellor of the Exchequer (1) what assessment he has made of the effect on the bingo industry of the changes to taxation announced in the 2009 Budget;
Answer

The estimated revenue impacts of the changes to the taxation of bingo are set out in Table A1 of the 2009 Financial Statement and Budget Report. The revenue impacts of the relevant Budget measures are shown in the following table.

£ million, +ve is an Exchequer yield
Indexed Non-indexed
Measure number Description 2009-10 2010-11 2011-12 2009-10
47 Gambling participation fees removal of VAT -50 -55 -60 -50
49 Bingo duty: increase rate to 22 per cent. +35 +35 +35 +35

Secondary information

Type
Written question
Reference
492 c422W; 272846
Session
2008-09
Subjects
Bingo Taxation
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk