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Taxation: Gambling

Volume 464: debated on Wednesday 10 October 2007

To ask the Chancellor of the Exchequer (1) what assumptions his Department has made regarding the behavioural changes necessary in order for receipts from remote gaming duty to equal those anticipated in the 2007 Financial Statement and Budget Report; (156521)

(2) how much revenue he expects to receive from remote gaming duty in each of the next five years.

Receipts from Remote Gaming Duty were forecast on the basis that existing Remote Gaming providers are located in tax havens and would not choose to relocate in Great Britain under any rate of taxation. Even at 0 per cent. Remote Gaming Duty, we expected the presence of irrecoverable VAT alone to prevent these companies choosing to relocate in Great Britain.

Revenue estimates of the Budget changes to gambling taxation were published in the 2007 Financial Statement and Budget Report.