asked the Minister for Finance the estimated annual yield to the Exchequer of an increase of 20 per cent in overall taxes on gambling.
Written Answers. - Gambling Tax Yield.
72.
It is estimated that the annual yield to the Exchequer of an increase of 20 per cent in overall excise taxes on gambling would be of the order of £1 million. The estimate is made up as follows:
£ |
|
Offcourse betting duty (increase from 20 per cent to 24 per cent) |
950,000 |
Bookmaking premises duty |
3,300 |
Bookmakers' licence duty |
1,400 |
Gaming machines licence duty |
20,000 |
Gaming licence duty |
2,000 |
An estimate of additional revenue for value-added tax cannot be furnished as separate figures of these receipts are not available.