Skip to main content
Normal View

Dáil Éireann debate -
Wednesday, 18 Apr 1928

Vol. 23 No. 1

CEISTEANNA—QUESTIONS. ORAL ANSWERS. - BETTING TAX RECEIPTS.

asked the Minister for Finance if he will state the total revenue received for the financial year 1927-28 (a) from the Betting Tax on racecourses; (b) from the Betting Tax from starting price offices; (c) from the Betting Tax from coursing meetings; (d) from the Betting Tax from greyhound race meetings; (e) the amount received from bookmakers' licences; and (f) the Entertainments Tax from racecourses.

The approximate net receipts in connection with betting revenue during the financial year 1927-28 were as follows:—

£

Duty on bets at 2½% rate

62,000

Duty on bets at 5% rate

150,000

Bookmakers' Licence Duty

5,500

Registered Bookmaking Premises Duty

11,500

It is not possible to show separately the figures asked for by the Deputy under headings (a), (b), (c) and (d). The figure £62,000 representing the duty at the 2½ per cent. rate includes duty on bets made at racecourses, greyhound coursing and greyhound racing meetings in respect of events decided at such meetings. The figure £150,000 representing the duty at the 5 per cent. rate is mainly in respect of bets made at registered betting offices, but includes duty on bets made at racecourses, etc., on events which took place elsewhere and on bets made at places such as football grounds, regattas, etc.

The approximate yield of Entertainments Duty in respect of payments for admission to racecourses during the year in question was £10,700.

Top
Share