Treasury written question – answered at on 22 October 2019.
John Hayes
Conservative, South Holland and The Deepings
To ask the Chancellor of the exchequer, if he will reduce pool betting duty from 15 per cent to 10 per cent.
Simon Clarke
The Exchequer Secretary
The Government has no current plans to reduce Pool Betting Duty. Reducing it to 10% is likely to have a negligible effect on The Football Pools, but could put revenue at risk particularly through incentivising the switching of products from fixed odds bets to pooled bets.
HM Treasury however keeps all taxes, including Pool Betting Duty, under active review.
Yes1 person thinks so
No1 person thinks not
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