HC Deb 27 July 1926 vol 198 cc1906-7
50. Captain CROOKSHANK

asked the Chancellor of the Exchequer whether a bet made on a racecourse during a race meeting between a backer and a bookmaker both attending that particular race meeting but on a horse, or horses, running at another race meeting in another part of the country on a future day will be taxed at the higher or lower scale?

51. Lieut.-Commander KENWORTHY

asked the Chancellor of the Exchequer what tax is chargeable in the case of a backer who lays a bet on a racecourse with a bookmaker also on the racecourse but on a horse or horses not running on that day but at some future race meeting not to be held on that particular racecourse?


The bet in question would be taxed at 2 per cent.

Colonel DAY

Will the right hon. Gentleman say what would happen in the case of a dead heat—whether half the tax would be refunded?

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