Betting: Taxation

(asked on 9th March 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what revenue accrued to the Exchequer from the financial spread betting gross profits tax in the most recent financial year for which figures are available.


Answered by
Damian Hinds Portrait
Damian Hinds
Minister of State (Education)
This question was answered on 14th March 2016

Total receipts from General Betting Duty, which includes duty paid on spread bets from financial and non-financial institutions is published here:

https://www.uktradeinfo.com/Statistics/Pages/TaxAndDutybulletins.aspx

A separate breakdown for revenue accrued from financial spread betting is not available.

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