Football Pools: Excise Duties

(asked on 26th September 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will bring forward legislative proposals to reduce the tax on the football pools to bring it in line with taxation rates applying to bingo.


Answered by
Simon Clarke Portrait
Simon Clarke
This question was answered on 4th October 2019

The Government has no current plans to reduce Pool Betting Duty. Reducing it 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, including Pool Betting Duty, under active review.

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