Proceeding contribution from Jeremy Browne (Liberal Democrat) in the House of Commons on Wednesday, 8 July 2009. It occurred during Debate on bill on Finance Bill.
Finance Bill
Absolutely, and I should like to refer to the very subject of revenue. During yesterday's debate, we talked about beer duty. The problem in that regard is that because more and more pubs are going out of business on account of beer duty going up, the base from which the Government are collecting revenue is therefore falling. That is the case with bingo as well. If there is only one bingo club in a town—a seaside resort, let us say—and it is no longer profitable and therefore closes, the customers do not have an alternative place to take their custom. Many of them are unlikely to gamble online, and even if they did so, they would be taxed at a lower rate. The Government therefore forgo revenue as a result of that club closing.
Secondary information
- Type
- Proceeding contribution
- Reference
- 495 c1036
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Aviation Bingo Air passenger duty Internet Powers Prosecutions Pensions Tax allowances Taxation VAT Revenue and Customs Caribbean Real estate investment trusts
- Legislation
- Finance Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-21 12:55:31 +0100
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_575985
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_575985
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_575985