Asked by: Jack Rankin (Conservative - Windsor)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposals outlined in the consultation entitled The Tax Treatment of Remote Gambling, last updated on 6 May 2025, on black market gambling.
Answered by James Murray - Exchequer Secretary (HM Treasury)
The Government is consulting on proposals to simplify the current gambling tax system by merging the three current taxes that cover remote (including online) gambling into one.
If any changes are made to gambling duties at a future Budget following the consultation, they will be accompanied by a Tax Information and Impact Note which will set out the expected impacts.
Asked by: Jack Rankin (Conservative - Windsor)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of the proposals on the harmonisation of gambling duties outlined in the consultation entitled The Tax Treatment of Remote Gambling, last updated on 6 May 2025, on the British horseracing industry.
Answered by James Murray - Exchequer Secretary (HM Treasury)
The Government is consulting on proposals to simplify the current gambling tax system by merging the three current taxes that cover remote (including online) gambling into one – reducing complexity. The Government is committed to engaging with all stakeholders, including representatives of the horseracing industry, as part of the consultation process.
The Government recognises the significant cultural and economic value of British horseracing, both as a major sporting tradition and as an important contributor to rural economies across the country.
The Government encourages all interested parties to participate in the consultation to ensure the interests of British horseracing industry are fully considered.
Asked by: Jack Rankin (Conservative - Windsor)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department has plans to conduct a fiscal impact analysis of trends in the level of Indefinite leave to remain grants on the economy.
Answered by Emma Reynolds - Economic Secretary (HM Treasury)
The Office for Budget Responsibility (OBR) produces forecasts of the UK’s economic and fiscal position.
The government sets its fiscal policy on the basis of the official OBR forecast.
Box 4.5 of the OBR’s Economic and Fiscal Outlook published in March 2024 sets out estimated impacts of migration on the fiscal forecast. As the minimum residency required to move to indefinite leave to remain is currently at least 5 years, this falls outside the forecast period. As the OBR says in the March 2024 EFO. ”However, our forecasts will capture the cost of any immigrants from previous cohorts who now claim welfare through Indefinite leave to remain grants because their claims will be included in the outturn data that provides the starting point for our forecast”.