§ 52. Mr. HORE-BELISHA
asked the Chancellor of the Exchequer how many bookmakers' licences have been issued to date, and how the number compares with the Treasury estimate?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Ronald McNeill)
The number of bookmakers' certificates issued up to 30th November inclusive was 10,479. No official estimate was formed of the number of bookmakers.
§ 53. Colonel DAY
asked the Chancellor of the Exchequer if he is aware that many bookmakers are levying the Betting Duty against winnings as well as against the amount staked as a bet by backers of horses; and will he con- 1663 sider the introduction of legislation to prohibit bookmakers exploiting the Act against backers in this manner?
§ Mr. McNEILL
Under Section 15 of the Finance Act, 1926, Betting Duty is charged on every bet made with a bookmaker and is payable to the Revenue authorities by the bookmaker with whom the bet is made. I am not aware that the practice mentioned in the question is being adopted, but the Exchequer is not concerned with the methods by which the bookmaker passes on the tax to the hacker, and my right hon. Friend is not prepared to initiate legislation as suggested.
§ Colonel DAY
If I forward proof that the bookmakers are charging not only on the amount staked but on the winnings, will the right hon. Gentleman make investigations?
§ Colonel DAY
Does the right hon. Gentleman think that bookmakers ought to exploit the public in this way?