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Written question asked by Philip Davies (Conservative) on Thursday, 5 September 2019, in the House of Commons. It was due for an answer on Monday, 9 September 2019. It was answered by Simon Clarke (Conservative) on Monday, 9 September 2019 on behalf of the Treasury.


Football Pools: Taxation

Question

To ask the Chancellor of the Exchequer, if he will make an assessment of the equity of the level of tax on the football pools industry.

Answer

The football pools industry is subject to Pool Betting Duty (PBD). PBD also covers a range of gambling activity beyond the football pools. PBD is charged at 15% on gross profits (stakes minus prizes), which is the same rate as for general betting. This has been constant since 2002.

All taxes are kept under review and the rate of PBD is considered as part of the Budget process.


Secondary information

Type
Written question
Reference
287560
Session
2017-19
Subjects
Football pools Taxation Equity
Link
View this Written question on www.parliament.uk