Skip to main content

Gambling (Tax Yield)

Volume 958: debated on Thursday 23 November 1978

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer if he will list in the Official Report the gross yield of all taxes on gambling in each financial year in the period April 1974 to March 1978 and an estimate of 1978–79, all figures at constant 1977 prices.

I assume that by gross yield my hon. Friend means net receipts without deduction of administration expenses. The information is:

£million
1974–75382
1975–76340
1976–77317
1977–78313
1978–79 (estimate)315
There is no special price index for betting and gaming,. and conversion to average 1977 prices has been made using the retail price index (all items).