Horse racing to go on strike in protest against government’s planned betting tax rise | Horse racing

All scheduled racing in Britain on September 10, and the sport will go in the battle, as racing of preparation for a much more addict of pure chance, such as roulette and online slot machines.

The move to leave encounters at Uttoxeter, Lingfield, Kepston and Carlisle is expected to result in the loss of about £ 700,000 to the sector.

The action, first reported by the timeswas agreed to cooperation between Jockey Club Racecourses, which operates Kempton and Carlisle; Arena racing Company, the operator of Untoxeter and Lingfield; and the British appeal authority, the ruling body of the sport.

Gambling on games of opportunity is taxed on 21% of the gross profits of an operator, while the duty, on Racing, sports and other depicting margin for the operator – is set to 15%. There is an additional cost of 10% of the gross profits for wagering for the statutory for the Statutory levy, who has returned money to racify because bet in the early 1960s.

The proposal to equal that the duty person is equal to lower in the trump in the last few months in the final sunak, but it survived the transition to a deliberation process that is closed in July.

Wetting and gaming are treated apart for tax purposes because the construction and gaming operation, that a more expensive the expensive to rack, and as a result of gaming products with a guaranteed return.

Alternatives for the tax region include a proposal of the social market foundate Take that Gaming duty could be increased to 50%, with changes to the Levy system to take care of that Racing would not lose.

The former Prime Minister Gordon Brown also pleaded for an important rise in the duty in duty in duty, braming gaming products of fixed margin.

The British Campaign of the British Moves of the British Briefs, Branke Dunshea, Dunshot to Harsh Areas DUE TO HARSHEA: “If the Chancellor is supplied this tax bombards The autumn budget, will not only be lost jobs but the future of Britain's second largest spectator gate will be.

“This is the reason it is essential that the government is the argument carefully regarding the argument by all the confession of British racing and works beside us to protect a cherished national institution.” The races lost on September 10th are expected to be added to other maps that have scheduled about the same time.

The date of race “of the racing” is together 24 hours before the high profile, which the minister, which the minister, and his wife, a sharp, a sharp racing, attended.