The British Horseracing Authority (BHA) is calling on the UK Government to ‘axe the tax,’ as the Treasury looks into reforming gambling tax.
At the beginning of the month, the topic of a gambling tax reform was debated in the House of Commons in the UK with a new plan suggesting the existing three-tax structure of online gambling duties should be replaced with a Remote Betting and Gaming Duty.
If this is to go ahead, it would mean gambling tax on horseracing would be at the same rate as online casinos and slot games.