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Horses (Licensing)

Volume 828: debated on Tuesday 21 December 1971

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asked the Chancellor of the Exchequer why he will not seek powers to introduce a system of licensing of all horses used for pleasure and in horseracing on a basis of £10 per annum.

I do not think this would be a useful form of taxation. The yield would be low, the criteria of application uncertain and the cost of collection relatively high.