Football Pools: Excise Duties
(asked on 16th October 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will reduce pool betting duty from 15 per cent to 10 per cent.
This question was answered on 22nd October 2019
The Government has no current plans to reduce Pool Betting Duty. Reducing it to 10% is likely to have a negligible effect on The Football Pools, but could put revenue at risk particularly through incentivising the switching of products from fixed odds bets to pooled bets.
HM Treasury however keeps all taxes, including Pool Betting Duty, under active review.