Excise Duties: Gaming Machines

Treasury written question – answered on 3rd July 2012.

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Photo of Gordon Henderson Gordon Henderson Conservative, Sittingbourne and Sheppey

To ask the Chancellor of the Exchequer if he will consider postponing the implementation of machine games duty until 2014 to ensure that the rate is revenue-neutral.

Photo of Chloe Smith Chloe Smith The Economic Secretary to the Treasury

Subject to legislation in Finance Bill 2012, machine games duty (MGD) will be implemented on 1 February 2013.

The Government have published a technical note describing the data and methodology used to calculate the standard and lower rates of MGD. This shows how, based on a thorough analysis of all the available evidence, the rates are set in a way which is intended to achieve revenue neutrality for the Exchequer. This can be found on the following webpage:

http://www.hm-treasury.gov.uk/consult_machine_games_duty.htm

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