Chancellor reportedly considering doubling machine gaming duty
UKPulse News Desk
The Chancellor is reportedly considering a proposal to double machine gaming duty to 40% in the upcoming Budget, a move said to be aimed at High Street bookmakers.
- The Chancellor is reportedly looking at doubling machine gaming duty to 40%.
- The proposed increase is said to be targeted at High Street bookmakers.
- The potential tax hike is expected to be part of next month's Budget.
The Chancellor is reportedly considering a proposal to double machine gaming duty to 40% in the Budget scheduled for next month. This potential increase is said to be specifically aimed at High Street bookmakers.
Concerns have been raised regarding the potential impact of these 'devastating' hikes in gambling taxes.