The Treasury is working with British racing to identify the “unintended consequences” of its plans to harmonise online gambling taxes, the House of Commons was told on Tuesday.
James Murray MP, the exchequer secretary to the Treasury, said the government was looking to identify “mitigations” to its proposals, although gambling industry body the Betting and Gaming Council (BGC) later warned there could be “no carve out”.
The Treasury is consulting on plans to replace the existing three-tax structure of online gambling duties with a single Remote Betting and Gaming Duty which would tax bets on horseracing at the same rate as online casino and slot games.
