Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes to gambling duties on Gibraltar's economy.

Increasing gambling duties will raise over £1 billion per year to support the public finances and forms part of our ambition to create a fair, modern and sustainable tax system.

The changes affect all businesses that offer gambling services to UK customers. The government understands that Gibraltar has a gambling industry that faces the UK, and will continue to monitor all impacts of these changes.

A Tax Information and Impact Note setting out the expected impacts was published at Budget and can be found here:

Gambling duty changes - GOV.UK