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Reeves 'missed opportunity' to raise tax on online casinos
November 04, 2024
|The Guardian
Rachel Reeves has been criticised over a "missed opportunity" to raise £900m from online casinos in her first budget as chancellor, amid concerns about the Labour party's ties to the £11bn-a-year gambling sector.
The Liberal Democrats and Derek Webb - one of Labour's largest donors - questioned the chancellor's rejection of proposals to double remote gaming duty (RGD), levied on online games of chance, from 21% to 42%.
The policy, initially proposed by the Social Market Foundation (SMF) thinktank, was among measures under consideration by Treasury officials. It also had support from the Lib Dems, who wanted to use the money raised - estimated at up to £900m - to fund health and social care.
But Labour, which has faced scrutiny over longstanding financial and personal ties to the gambling industry, decided not to include the sector among £40bn of tax increases.
هذه القصة من طبعة November 04, 2024 من The Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Guardian
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