To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of reducing pool betting duty to 10 per cent.
Answered on
22 October 2019
No recent estimate has been made. Reducing Pool Betting Duty to 10% is likely to have a negligible effect on the Football Pools, but could put revenue at risk particularly through incentivising switching of products from fixed odds bets to pooled bets.
HM Treasury however keeps all taxes under active review.
Answered by
Treasury