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Written question asked by Philip Davies (Conservative) on Tuesday, 15 October 2019, in the House of Commons. It was due for an answer on Thursday, 17 October 2019. It was answered by Simon Clarke (Conservative) on Tuesday, 22 October 2019 on behalf of the Treasury.


Football Pools: Excise Duties

Question

To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of reducing pool betting duty to 10 per cent.

Answer

No recent estimate has been made. Reducing Pool Betting Duty to 10% is likely to have a negligible effect on the Football Pools, but could put revenue at risk particularly through incentivising switching of products from fixed odds bets to pooled bets.

HM Treasury however keeps all taxes under active review.


Secondary information

Type
Written question
Reference
487
Session
2019-19
Subjects
Excise duties Football pools
Link
View this Written question on www.parliament.uk