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Written question asked by Andrew Bridgen (Conservative) on Friday, 24 February 2012, in the House of Commons. It was due for an answer on Tuesday, 28 February 2012. It was answered by David Gauke (Conservative) on Monday, 5 March 2012 on behalf of the Treasury.


Tax Avoidance: Bookmakers

Question
To ask the Chancellor of the Exchequer what steps he is taking to tackle tax and levy avoidance by offshore bookmakers.
Answer

General betting duty (GBD) is charged on bets made with a bookmaker who is in the UK. Bets made with a bookmaker who is offshore and outside the UK are outside the scope of GBD.The Horserace Betting Levy is administered by the Horserace Betting Levy Board, an independent public body sponsored by the Department for Culture Media and Sport.


Secondary information

Type
Written question
Reference
97331; 541 c595W
Session
2010-12
Subjects
Bookmakers Tax avoidance
Link
View this Written question on www.publications.parliament.uk