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Greyhound Racing: Tax Yields

Treasury written question – answered on 29th November 2022.

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Photo of Lord Lipsey Lord Lipsey Labour

To ask His Majesty's Government what is the estimated overall contribution of licensed greyhound racing to HM Treasury in the latest available year; and in the two years before that, what is the estimated taxation revenue received through (1) bookmakers who offer bets on greyhound racing, and (2) directly from greyhound racing.

Photo of Baroness Penn Baroness Penn The Parliamentary Secretary, HM Treasury

HMRC does not hold information on the breakdown of General Betting Duty revenue by forms of betting such as greyhound racing, horseracing and football.

Revenue from General Betting Duty largely paid by bookmakers on all forms of betting was £586 million in 2019 to 2020, £595 million in 2020 to 2021 and £649 million in 2021 to 2022.

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  • (Citation: HL Deb, 29 November 2022, cW)