Gambling: Excise Duties

(asked on 21st November 2024) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of the current remote gaming duty levels on economic growth.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 3rd December 2024

At Autumn Budget 2024 the Government announced its intention to publish a consultation next year on proposals to bring remote gambling (meaning gambling offered over the internet, telephone, TV, and radio) under a single tax, rather than taxing it through the current three-tax structure.

This consultation will consider the impacts of reforming gambling duties. Alongside any changes that are announced, the Government will publish a Tax Information and Impact Note, including an economic impact assessment, to detail the expected impacts.

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